AubreyJ.org: #10 Haynesville Shale Updates

Monday, July 14, 2008

#10 Haynesville Shale Updates - Monday, July 14, 2008

This Post Last Updated: Thursday, July 17, 2008
1:05pm CDT
Haynesville Shale
Large Natural Gas Deposit, Northwest Louisiana

UPDATES:
Monday, June 14, 2008

Note: This post will be updated over next few days so check backPhoto Credit: AubreyJ.........
Wells of Past, 1967 - Grandfather’s Farm - Red Shute Plantation
Bossier Parish
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* Let’s get caught up with the Haynesville Shale News and we start off with this short report posted on the NewOrleanscityBusiness.com website, July 12th. It starts off like this... The Louisiana Mineral Board collected $48.7 million in July, surpassing last month’s record payment of $35.8 million... “It appears that with the Haynesville Shale discovery underway, several major companies are validating their intentions to develop and produce natural gas in a big way,” said Mineral Board Chairman and Department of Natural Resources Secretary Scott Angelle. “The state’s energy production figures look to be on the upswing this year.”...
Read the rest at link below...
Haynesville Shale area fuels record Mineral Board sale

* The Expansionary Times website had this report up on the 13th...
Chesapeake, Plains Set to Tap Gas Field

* The Houston Chronicle website had this informative news article up on the 11th and it starts off like this... The Barnett Shale, sprawled across 18 counties in north Texas, is more than a bountiful source of natural gas. It's the granddaddy of a modern shale frenzy that has companies racing to nab drilling rights from the Rockies to the Appalachians.
Read the rest at link below...
They're going gaga for shale

* The Shreveport Times website had these two articles up on the 13th and the 1st one starts off like this... The recent success of two local governing bodies in getting millions of dollars through mineral rights leasing has other agencies in northwest Louisiana taking inventory of their property... But no one is stripping a gear to beat a deadline although big dollar signs are looming ahead with this corner of the state sitting on top of the Haynesville Shale — touted as perhaps the richest natural gas field discovered, so far, in the nation and maybe fourth largest in the world...

Read the full report at link below...
Public agencies explore mineral rights leases
>>> The 2nd article at link below...
Haynesville Shale meeting set Wednesday in Ringgold
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* The KSLA website has this News Video up today, July 14th... Three Bossier Couples say they found out they didn't own the mineral rights for their properties when Twin Cities Development backed out of gas lease negotiations with them...
Click it out at link below...

Bossier developer sued over mineral rights

* The KTBS website put this News Video up this Monday evening...
A year ago, oil companies paid less than $250 an acre for the leasing rights to drill. Now, property owners are getting $20,000 an acre and as much as 30% of what a well brings in -- three times what it was a few months ago.
Click it out at link below...
Haynesville Shale: So far, so good!
>>> KTBS also posted this News Video up late Monday evening...
Natural gas is fueling some big dreams for a lot of people in the ArkLaTex. In a little more than one hundred days, Haynesville Shale has gone from an obscure geological term to a chance for riches, and disappointment...
Click out the rest at link below...
Learning lessons from Barnett Shale
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* UPDATE *
Tuesday, July 15, 2008
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* The Shreveport Times website had this report up Tuesday morning and it starts off like this... With 113 acres here, five acres there, one or two acres over yonder, the city of Mansfield could stand to gain some unexpected revenue if oil and gas companies zero in on the city for potential natural gas exploration and drilling...
Read the rest at link below...
Mansfield wants to get in on mineral rights leasing
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* MarketWatch.com reports...
EXCO Resources, Inc. Announces Acquisition of Natural Gas Properties in East Texas

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* UPDATE *
Thursday, July 17, 2008
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* Let’s get caught up with the Haynesville Shale News by starting off with this informative report posted on the MarketWatch.com website yesterday, July 16th...
Goodrich Petroleum Announces Closing of Chesapeake Transaction, Haynesville Shale Drilling Update and Increased Haynesville Acreage in East Texas

* RTT News website had this take on the report...
Goodrich Petroleum completes JV to develop Haynesville Shale in East Texas

* SACTALK.com has this short report that starts off like this...
The Haynesville Shale, potentially one of the largest natural gas finds in Louisiana’s history, appears to be the start of a huge drilling boom in Louisiana. Oklahoma-based Chesapeake Energy Corp. and Texas-based Encore Acquisition Co. have quietly leased 210,000 acres in five northwest Louisiana parishes atop what has been called the Haynesville Shale formation...
Read the rest at link below...
New Drilling Activity in Louisiana

* StockHouse.com has this must read report...
Shale gas play in Louisiana one to watch

* The KSLA website has this News/Video up today, July 17th that goes in part like this...
The very latest on the Haynesville Shale involves an obscure law that strips owners of mineral rights. These families bought their property in south Caddo Parish believing they owned those mineral rights. Now, they're looking for answers and help...
Click out the rest at the link below...
Haynesville Shale mineral rights dispute

* Forbes.com has this report up for us late this evening...
ANALYSIS-Chesapeake Energy's ambitious plans stoke caution
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* The KTAL website has this News/Video up...
Quicks Tips to cash-in on the Haynesville Shale for your community