Thursday, May 13, 2010

May Louisiana Lease Sale: Little Haynesville Action

The monthly Louisiana minerals lease sale mostly featured sales from the southern part of the state this month.  A few Haynesville properties in Bossier and Bienville Parishes either received no bids or were withdrawn.  The leases for the two bids that were accepted totalled only 94.4 acres in Bienville, Bossier and Caddo Parishes.  As shown below, the winning lease bonuses were $2,017 and $5,157.  I think this is more a reflection on the properties themselves than a statement about leasing in general in the Haynesville Shale.  Please keep in mind that the bids listed below were the highest bids and therefore the winning bids.  Other bids may have come in lower.

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