Does anyone know about an ET Energy Partners leasing in this area? Nineveh area- A1176 SM Morrison
They say they represent an oil company that will drill but haven’t yet in Leon County. They are interested in 8 Abstracts around that area. Looks like Comstock is quite a distance from this.
What is the going lease bonus offer, royalty rates and term in that area?
Haven’t seen anything about ET Energy Partners (Is the full name East Texas Energy Partners, or is it ET Energy Partners?).
However, your survey is on the southeastern edge of Comstock’s leasing area. In fact, they have leased 171 acres in the GW Wright A-935 Survey which adjoins your survey on the south side.
Wow Alan! All I was given on phone was ET Energy Partners LLC. But Landman said the company he is representing has not drilled in Leon County yet. Unless he is trying to hide that fact and it could be Comstock. Any idea on that East Side what people are getting for leases?
I think it’s unlikely that ET Energy Partners is representing Comstock. It’s more likely to be another E&P company looking to get into the Lower Bossier/Haynesville deep gas play. Could be Mitsui, currently drilling their first well east of Buffalo, could be the entity leasing in Houston and Anderson Counties via Drake Exploration (best guess is Expand, formerly Chesapeake), or it could be a new player.
I know some folks were getting 25% cost-free royalties in parts of Leon, but I have no specific info on your area.
Thanks for all the great information Alan! I appreciate it! Hope you and yours have a wonderful Holiday!