Shreveport Shale

The Haynesville Shale natural gas drilling development has put a lot of money in hands that are unfamiliar with resting in such deep pockets. Before signing your first land leasing offer or collecting your first royalty check, make sure you are well versed in land drilling precedents. The Haynesville Shale is not the first natural gas reserve to turn ordinary country folk into a well-to-do community. It is important to practice safe money management habits, knowing exactly what kind of profits you can be expecting and for how long before making any major long term purchase decisions. All too often, a fortunate financial windfall results in eventual debt as people either invest or spend beyond their means. Use the following advice to maximize the money you can get out of your good luck: Read the rest of this entry »

Landowners in Shreveport’s much publicized Haynesville Shale area are in a fortunate position few land owners have seen since the Gold Rush days. Of course each individual situation differs, with some chunks of land paying huge dividends and others worth only marginally more than they would have been at market value not too long ago. With so much money flowing into the formerly humble hands of many area residents, a lot of landowners feel uneducated about their options and stand wary about underselling their land or getting cheated out of what they’re entitled to by slick energy companies. Sure, the “natural gas boom” is bound to greatly benefit the region, country and planet, but landsmen coming in to survey the earth, research property deeds and make purchase offers to the owners do not necessarily have the landowners best interests as their primary focus. Like all other promisingly lucrative endeavors, natural gas mining is, after all, a business and selling land to energy development companies is just another form of business negotiation. Read the rest of this entry »