Thorp Petroleum has begun what is likely to be another large-scale leasing program in Freestone and Leon Counties. At this point, they are focusing on two-year seismic and lease option agreements. On 6/21/2022, they recorded 42 of these agreements, 33 in Freestone and 9 in Leon. There will be double counting of these agreements, as some of the tracts include acreage in both counties.
These initial filings produced the following totals:
Number of surveys:
Leon: 5
Freestone: 11
Total: 16
Acreage:
Leon 501
Freestone: 2,358
Both: 1,680
Total: 4,539
I assume this is another deep-gas project…will be interesting to see how large the lease area gets.
