Comment

Comment by Beth Henderson on February 7, 2011 at 5:17pm

Do you know anything about Meade District?

Comment by Mary Carter Beary on February 7, 2011 at 2:23pm

We have as yet unleased mineral rights in Ellsworth tax district. What is your interest, JRM?

Comment by Beth Henderson on February 7, 2011 at 2:04pm

We are located in Meade District.  Is Ellswoth District in town?

Comment by Beth Henderson on February 7, 2011 at 8:18am

Has anyone had a new lease offer in Tyler County?

Comment by Bob Donaghy on December 23, 2010 at 3:10pm

GRRREAT NEWS! The amount of money paid for O&G leases in Tyler County should be taking a giant leap. Read the article in this link: http://finance.yahoo.com/news/Magnum-Hunter-Resources-iw-101815754....   First day production of 7MMcf (7,000,000 cubic feet). The first months production could be in the neighborhood of 100,000,000 cf. Someone speculated that the value of this wet gas is about $7.00 per 1000 cubic feet. The first months production would sell for about $700,000. 12%, 15% or 18% royalty would be a sizable chunk of change. Please check my math, I think it is correct but I may have screwed up the decimal point. This could be one of the greatest Christmas presents we could ever hope for.

Comment by Bob Donaghy on December 21, 2010 at 12:23pm

Here is some news from Magnum Hunter. I may be overly optimistic, but if you read between the lines this could be very good news for Tyler Co mineral owners. Most of Magnum Hunters' oil and gas lease holdings are in the Tyler/Pleasants County area. Therefore, this news release indicating "highly liquids rich, in the 1,200 Btu to 1,400 Btu range" must be referring to our gas..http://www.marketwire.com/press-release/Magnum-Hunter-Resources-Commits-Purchase-200-MMcf-per-Day-Capacity-Cryogenic-Natural-NYSE-Amex-MHR-1370903.htm

Comment by Bob Donaghy on December 9, 2010 at 9:58am

The Weese Hunter wells 1001 and 1002 were scheduled for completion at the end of November. I haven't seen any press releases, has anyone heard any rumors on what is happening? I hope no news isn't bad news.

Comment by Bob Donaghy on November 10, 2010 at 1:04pm

We don't know how horizontal Marcellus wells will do in Tyler County, but even if they don't produce well we have other possibilities: Utica shale and Trenton/Black River. They are also natural gas bearing geological layers that lie deeper than the Marcellus shale. There is a good chance that one or both of these formations in Tyler County have significant amounts of natural gas. Exploration for these deeper shales may be several years in the future, but they will come after it at some point.
http://theintelligencer.net/page/content.detail/id/548719/Consol-St...

Comment by Bob Donaghy on November 1, 2010 at 12:48pm

This could be a bad omen!

http://www.theintelligencer.net/page/content.detail/id/548341/Chesa...

Comment by Bob Donaghy on October 21, 2010 at 12:10pm

I am aware of a company who owns all or some fraction of the mineral rights on thousands of acres spread throughout Tyler County. Following the Chesapeake meeting in February, they signed a lease. As of a month ago they had received bonus payment on about 20% of their holdings. I don't no of any way of learning where the leased acreage lies in the county or why Chesapeake has not leased the other 80% of the companies holdings.
Does anyone know someone who signed with Chesapeake following the February meeting? In what part of Tyler County is their property located?

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