Tuesday, November 3, 2009

Tuesday November 3, 2009

Even though I have resigned from the leadership committee of the coalition I am updating the sight with the latest information. The other members of the committee have signed, along with their section, and so it seems the coalition is no longer functioning.
I have been contacted by JPD Energy for Chesapeake and have an offer of $6000 per mineral acre + a 25% (no cost) royalty share for a 3 year primary term w/a 2 year option. This offer is for S12 T16N R14W only. Our church has voted to accept this offer and I am also for my personal acreage. If you should need to talk with me feel free to email thru this site and I will reply as soon as I can. God bless you and yours.

Thursday, August 6, 2009

And let us not be weary in well doing: for in due season we shall reap, if we faint not. Galations 6:9

Your committee met with Petrohawk representaives yesterday, August 5, and had very good and open discussions involving T16N R13W S07. This is the section which includes Forbing Woods, Ranch Lane and Wallace Lake Heights. We have a verbal offer of $5000 per mineral acre and are continuing to discuss lease language and provisions.

We believe that we will be bringing this offer to the landowners in this section in the near future. We have not received any expressions of interest on any of our other sections but are still hopeful that the business climate will change soon.

We are aware of landmen walking the neighborhoods and making offers. Please be careful and thoughtful before you sign anything. The decisions you make today could very well effect your children's children

Thursday, February 26, 2009

Come now, and let us reason together… Isaiah 1:18

Good afternoon FAMOLC. I hear birds singing outside my window and feel the warmth of springtime approaching. Springtime always brings into my heart and mind the idea of a new beginning. It’s kind of like that first day of school during my childhood. We always got a new supply of clean unused paper; a new “Big Chief” tablet. We got to start over with a fresh slate and the hope that we would have a successful year in our classes and our lives. Well, it’s almost springtime in Shreveport, Louisiana. Last year is gone and we are well into a new year. Winter is drawing to a close and the hope that comes with spring is so close it seems we can smell and touch it.
The newest information is that our committee has been contacted by JPD energy (representing Chesapeake Energy). The committee sat down with two landmen from JPD this morning and has begun, what we hope will be successful, discussions. Neither your committee nor JPD have made any offers or proposals. We are considering our group’s position currently and the present environment in our nation and our state as it applies to our minerals as landowners. The committee will further discuss these developments early next week and be back in contact with JPD Energy.
We have been advised, by JPD, that they are focusing on specific sections and are not presently interested in ”far flung non-contiguous acreage.” The area we were contacted about is S12 T16N R14W and a few other sections not yet indentified to the committee.
We continue to believe that we are far better positioned as a group than as individuals in dealing with this matter of leasing our minerals. The truth is still “There is strength in numbers.” The old adage “together we stand divided we fall” is more true than ever before.
We thank you for your confidence and we promise our continued prayerful and thoughtful representation of your interests in these uncertain times.

Friday, December 19, 2008

“And she shall bring forth a son, and thou shalt call his name JESUS: for he shall save his people from their sins.” Matthew 1:21

Merry Christ… mas! I love this time of year, don’t you? It seems, at Christmas, everyone’s hope is renewed and neighbors seem to be kinder and more loving than at any other time of year. What a wonderful time to be a part of God’s creation.
We are keeping our finger on the pulse of the Oil and Gas industry, specifically as it involves the Haynesville Shale. If you too have been reading the information on the internet homes of the other O & G property owner associations and coalitions you no doubt are aware that it’s a time when all we can do is wait for the action to restart. Everyone seems to agree that the gloom and doom we are hearing about the industry is a temporary condition. Our job is to be patient and focused during these times.
Your committee has continued to gather properties in selected sections. We want to be well prepared and have all of our ducks in a row when our opportunity finally comes. The best advice continues to be unchanged; be patient, don’t give up and accept a less than fair offer for your minerals. There are speculators working our neighborhoods making laughable offers in an attempt to capitalize on the panic some property owners are feeling. Even the large “reputable” O & G companies have and will take advantage of the current downturn in the economy. Do not be a victim! Do not be taken advantage of by those who would take your minerals and never lose a moments sleep over it.
In the meantime we wish for you Merry Christ… mas and a very Happy New Year. Our prayer is that you and all those you love will enjoy the blessings of this blessed season as never before. We wish you and yours JOY and SWEETNESS as we celebrate the birth of our King Jesus.

Thursday, November 6, 2008

Humble yourselves therefore under the mighty hand of God, … Casting all your care upon him; for he careth for you. I Peter 5:6,7

Good morning! The leaves are ablaze with beautiful colors, the earth received a cleansing rain this morning and God is still on the throne. As stated in previous postings the leasing of properties in the Haynesville Shale is at a very slow pace. We continue to believe that things will change, for the better, in the first quarter of next year.
The American people have elected a new president and we must, whether he was our choice or not, pray for his success in governing our nation.
Your steering committee is continuing obtaining properties in our core sections so that these weeks of waiting are by no means wasted. If you have neighbors who are not a part of our group, and are not leased already leased, please take a few minutes to mention our group. The more acres we have in our core sections the better our position will be when things start rolling again.
Pray hard for our success and do not become discouraged in this process. The natural gas under our properties has not gone anywhere and is still wanted by the O&G companies. It is a time to be united and strong.
As always; thank you for your confidence and trust in your steering committee.

Thursday, October 23, 2008

...weeping may endure for a night, but joy cometh in the morning. Psalm 30:5

Good afternoon fellow mineral owners. It has been a tumultuous two weeks since we last posted an update to this site. Many things have happened in the recent days and I am certain that I have no need to explain these (since I’m not quite sure I understand them either).
Some things I do understand are these:
There are no leases or offers of leases at the current time.
The O&G Companies have little or no funds available at this time.
The worldwide economy has taken a drastic nose dive.
It seems there is not a bottom in sight for the current situation.

Various opinions and ideas are bandied about and all are worthy of consideration. The one constant that we are seeing is the advice to “BE VERY PATIENT” and “DO NOT RUSH”. This advice comes from all directions that have experience and education in the fields of O&G, banking, finance, and life experience in general.

We, your steering committee, believe this advice to be the best advice. We prayerfully and thoughtfully recommend that we all be patient TOGETHER. We are led to believe that after the current election cycle is over and when winter weather sets in, and the price of natural gas goes up, so will the prices of mineral lease bonuses. We hope and pray this is the case. We can only trust God in this and remember that He is always faithful.

We are, in the meantime, considering and discussing some “different and creative” strategies in order to accomplish our goal.
As always, thank you for your trust and confidence (and patience).

Bro Tommy

Thursday, October 2, 2008

Where there is no vision, the people perish... Proverbs 29:18

Good Thursday Morning! It’s October 2nd. As we await a reply from the latest O&G Company our data was presented to, we notice that the sun is beautifully bright and the air has the feel of early autumn. Before long the leaves will begin to change to those beautiful colors that I so look forward to each fall. As surely autumn follows summer, every year without fail, we can take comfort in the fact that God Has A Plan. In God’s plan all things are addressed. Nothing is too big for Him to handle and nothing is so small that He doesn’t care. The Bible tells us that even with the little sparrow “…not one of them is forgotten before God”. I cling to the promises we find in God’s Word.
I know we all have questions regarding this Haynesville Shale situation. Please be assured that if your steering committee had all the answers we would certainly share them with you. The truth of the matter is that every other group is in the same situation that we find ourselves in. We are told that the O&G Companies have deliberately slowed the pace of leasing and that the economy, as well as other factors, is the reason for this slowdown.
We continue to be advised to “be patient”. We are counseled to not be rushed into settling for less that your minerals are worth. We believe this to be the very best advice in our current situation. We know that everyone is anxious for a lease to be signed and checks to be received but please focus on the “big picture”. The decisions we make in the coming weeks and months will conceivably affect the well being of future generations of our families. Probably the wisest man who ever lived on earth was King Solomon. King Solomon wrote in Proverbs 13:22. “A good man leaveth an inheritance to his children's children: and the wealth of the sinner is laid up for the just.” Did you get it? God’s plan is that His children be blessed! In every way! His desire for you and your family is so much more that financial blessings, but a part of His plan is that we leave our future generations better off than we were left, financially and in every other way.
Why things happen the way the happen with our properties and the Haynesville Shale, the only answer I can give at this time is found in Deuteronomy 29:29 “The secret things belong unto the Lord our God…”
Keep looking up, stay committed and patient, continue to think positive.