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HAYNESVILLE SHALE 6-25-08 Turnout Heavy for LSU-S & LOGA Seminar on Haynesville Shale
The crowd of some 600 interested landowners, home owners, and neighborhood associations, packed the LSU-S University Theatre Center for the nearly two-hour presentation, that was followed by a thirty-minute question-and-answer session. To view the PowerPoint presentation, log on to their official website www.loga.la and click on Haynesville Shale.
The Haynesville Seminar, a joint presentation by the LSU Center for Business and Economic Research and LOGA, was designed to give the best information about leasing; drilling and production; and the seismic research conducted prior to locating the gas wells to be drilled.
Don Briggs, President of LOGA, thanked LSU-S Chancellor Vincent Marsala and Becky Berry, Director LSUS Center fort Business and Economic Research for making the seminar possibled.
Briggs then welcomed the audience to this industry-supported educational seminar, and introduced the four panelists on spoke on various topics of interest. (Click here for Briggs interview with Tom Pace following the Haynesville Shale Seminar.)
Ray Lasseinge, President and co-owner of TMR Exploration, Inc. in Bossier City, and co-owner of Langston Drilling Company, L.L.P. and Sandia Drilling, L.L.C. led the drilling discussion about rig pads, fracturing, vertical drilling, and the now popular horizontal drilling. (Click here to listen to Lasseinge's interview with Tom Pace from "The Talk of the Town.")
Kevin Hill, President of Hill Geophysical Consulting in Shreveport, conducted the seismic activity discussion on how the productive gas pockets within the Haynesville Shale are located, the equipment used, and what compensation landowners can expect from the drilling company.
Lafayette Attorney, Tommy Smart, shareholder in the office of the Onebane Law Firm, covered the topics of oil and gas law, including oil and gas title examination; acquisition and sale of producing properties; structuring, drafting and negotiation of various agreements; 3-D seismic permitting; and licensing.
Bryan Hanks, President of BETA Land Services, L.L.C. in Lafayette, talked about leases; royalties; royalty buyers and units. Hanks is a Certified Professional Landman with over 27 years experience in all phases of landwork.
All-in-all, it was a most informative and educational seminar, with everone who attended, receiving a packet with a sample standard lease contract, and a Glossary of Terms, used by the various gas and leasing companies.
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