Medlin-youngblood unit

[mary_phillips]

sansaba royalty co is offering a good amount of money to buy mineral interests i have. land referenced p wilson survey A-750 and g medlin survey A-445. also mentioned is medlin -youngblood unit. any advice or info would be helpful.

[Cara]

Mary:

Do not sign anything until you have a professional appraisal of your ownership. If there is a formed unit or a unit being formed there is production potential. If you choose to sell it will be an informed decision.

[Clint_Liles]

Mary: Three of the major producers in this area are Rockcliff Energy, Petroquest and Sabine Oil and Gas. There are numerous very good gas wells in this area…these wells are producing from the Cotton Valley and Haynesville Shale formations…For instance well 365-38296 from December 2015 through May 2020 has produced 3,782,677,000 cubic feet of gas and 25,273 barrel of condensate. And room for more wells to be drilled.

http://webapps2.rrc.texas.gov/EWA/specificLeaseQueryAction.do?pager.pageSize=10&pager.offset=50&methodToCall=search&searchArgs.paramValue=

http://webapps.rrc.texas.gov/CMPL/viewPdfReportFormAction.do?method=cmplG1FormPdf&packetSummaryId=150709

GIS Map of Panola County A-750/A-445 and surrounding area:

LEFT CLICK ON MAP TO ENLARGE

I agree with Cara on getting professional help if you decide to sell.