There have been tons of meetings in Shreveport, Bossier City, and surrounding areas concerning the Haynesville Shale. I've heard so many stories of new companies being started, retired folks being taken advantage of, and attorneys getting huge payments for negotiating leases. But the best stories are of the landowners who own 6 or more acres and never dreamed of getting such large lease bonuses on their property. Lives are being changed mostly for the good. I'm curious to see how our city will change when wells begin to produce. It's exciting for sure.
But that brings me to a point, most landowners still do not have themselves in an organized group. It has been shared numerous places that it's best to group your land with other landowners in order to negotiate a larger lease bonus. I've gathered my neighbors together and have been contacting them every week to inform them on what is going on. In doing so, I've run into a few other people who are doing the same thing and we are joining together. There are no fees being charged by us, but the attorney that will handle the lease will be compensated a flat fee that is very low compared to other attorneys in town.
If you know anyone in the area who has yet to sign a lease with a company, please send them my email and have them get in touch with me at Friestad Realty, OR they can come July 1st, 2008 at 6:30pm to the Forty & Eight Club on S. Lakeshore in Shreveport. (Go west on S. Lakeshore off of I-220, past Jolly Napier on the right side of S. Lakeshore, look for the canon.) We will have a very informative meeting with Mr. Rellis Godffrey, a certified Oil and Gas Attorney as I have been told. I plan to ask lots of questions on resale of homes, our real estate market and how it is effected in Shreveport and Bossier.
If you haven't gone to a meeting yet and you own your mineral rights, it'll definitely be worth your time to come.