Posted on 11/09/2008 7:47:58 PM PST by Nachum
No, wait a minute. The is a near distinct moose flea in that region.
Here in the DFW area, we got $26,500 an acre for our natural gas. The landmen were snapping up mineral rights for a few hundred bucks an acre until we started organizing.
If you think we were the ones jacking up the price of gas, think again. The landmen were reported to be selling all those cheap leases to drilling companies for anywhere between $40K and $62K an acre.
I'd love to see the lease folks signed.
A close family friend working up there says there’s oil all over the place—wherever you punch down there’s crude oil-—everywhere...they can’t get enough rigs up there...the natural gas is just burning up-—building lines to capture it now.
I drink your milkshake.
Nice website...yours?
The Bakken is producing and oops they found a second layer below the Bakken which means there’s more oil in Nodak land. My wife’s portion of the lease payment is due Dec 3rd. The landmen called and asked if we wanted to delay the check until 2009 for tax purposes. My wife demurred and said we will take the money now before Oilbama comes after our wealth “so he can spread it around”.
The Bakken is producing and oops they found a second layer below the Bakken which means there’s more oil in Nodak land. My wife’s portion of the lease payment is due Dec 3rd. The landmen called and asked if we wanted to delay the check until 2009 for tax purposes. My wife demurred and said we will take the money now before Oilbama comes after our wealth “so he can spread it around”.
OLd OLd very Old news. It’s been drilled baby drilled for a long time now.
I hope this will be a total success story for everyone concerned.
So, has it been declared “the most fragile environment in North Dakota” yet?
I personally don’t know the history of that region but my family member is there right now and the place is booming and the oil is gushing...like never before.
I own 2500 acres along the Canadian border
2nd layer? Do tell.
If they don’t drill then they’re just showing their true traitorous colors. Democrats don’t want to drill because they believe in that global warming lie. God gave us the earth to use as we wish, drill baby drill!
So what do you know? Have they found any goodies under your land yet?
They are slowly making there way eastward. Only a matter of time before they come knocking I guess, or try steal it from under me..
These is supposedly a lot of oil under this rock. drilling though it is the hard part.
Wish you the best. We own lots of land in the southern tier of God awful NYS and a gas drilling outfit has leased it from us. They are poking holes everywhere—with the technology they have now they can drill lots deeper than they used to.
They made some sound tests in about ten locations a few years back. But I haven't signed any leases for drilling rights yet.
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