NW Louisiana Gold Rush is ON!

N8 · 07-29-2008, 02:35 PM

http://www.nytimes.com/2008/07/29/us...434&ei=5087%0A

Quote:

Already, several dozen people who own parcels of land over the field are becoming instant millionaires as energy companies pay big money for the mineral rights to the gas, which like other energy sources is worth far more than it was last year. Jalopies are being traded in for Cadillacs, plans for swimming pools are being hatched in rusty trailers, and the old courthouse here is packed to the rafters day after day with oil company ?landmen? (and women), whose job it is to frantically search the record books for the owners of the mineral rights to land that has become like gold.

In the space of months, the price of such rights on an acre has shot up to $30,000 from a few hundred dollars and is still climbing. Some very modest people, in a place where the Tough Steak Meat Market sits near the Triple J Motors car lot and the courthouse square is half boarded up, are becoming very wealthy, very quickly.

-Devil- · 07-29-2008, 02:36 PM

whoohoo ... oh wait .. i dont own no property .. doh

adrenalnjunky · 07-29-2008, 03:39 PM

buddy of mine owns farmland down in Columbia - about 4.5 years ago when all of that started the gas co. paid him $60K just for the rights to drill 2 holes on his land and put pumps in if they found anything.

hammer · 07-30-2008, 03:37 PM

Yes, I've seen a lot of Clampetts (sp?) running around...tight pants and all...however, THESE women wearing tight pants should be wearing tent dresses instead.

Hammer

hammer · 07-30-2008, 03:39 PM

I put an avatar up...where is it?

Hammer

LocoAdmin · 07-30-2008, 03:43 PM

Quote:

Originally Posted by hammer

I put an avatar up...where is it?

Hammer

you put up a Profile Picture.. not an avatar...

Make sure you use the AVATAR section of your User CP tab.

User CP > Settings & Options > Edit Avatar

Wampuscat · 07-30-2008, 04:56 PM

Yeh Jethro oh I mean Hammer

Andrew · 07-31-2008, 08:09 AM

My parents live in Mansfield.

But no lease yet.

Maybe if it comes through they'll buy me an airplane and I can fly back and forth to ride y'all's awesome trails all the time!

I mean, uhhh, errr, I mean, to come see them more often.

hammer · 07-31-2008, 08:41 AM

ok...got it.

N8 · 07-31-2008, 08:45 AM

Quote:

Originally Posted by hammer

ok...got it.

APPROVED!!!

07-29-2008, 03:39 PM	#3
adrenalnjunky stays crunchy in milk Join Date: Jul 2008 Location: West Monroe Posts: 1,929	buddy of mine owns farmland down in Columbia - about 4.5 years ago when all of that started the gas co. paid him $60K just for the rights to drill 2 holes on his land and put pumps in if they found anything. __________________ Thanks, CHRIS www.nelacycling.org

07-30-2008, 03:39 PM	#5
hammer Mr. Cranky Pants Join Date: Jul 2008 Posts: 3,212	N8, how come my avatar didn't come up? I put an avatar up...where is it? Hammer

07-30-2008, 04:56 PM	#7
Wampuscat Mr. Mojo Join Date: Jul 2008 Location: Shongaloo Posts: 2,065	Yeh Jethro oh I mean Hammer __________________ Oh Kalija

07-31-2008, 08:09 AM	#8
Andrew Sr. Member Join Date: Jul 2008 Location: Houston, TX Posts: 766	My parents live in Mansfield. But no lease yet. Maybe if it comes through they'll buy me an airplane and I can fly back and forth to ride y'all's awesome trails all the time! I mean, uhhh, errr, I mean, to come see them more often. __________________ www.bikerpilot.blogspot.com

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07-29-2008, 02:36 PM	#2
-Devil- hops h8r, hah! Join Date: Jul 2008 Location: West Monroe, LA Posts: 861	whoohoo ... oh wait .. i dont own no property .. doh

07-30-2008, 03:37 PM	#4
hammer Mr. Cranky Pants Join Date: Jul 2008 Posts: 3,212	Yes, I've seen a lot of Clampetts (sp?) running around...tight pants and all...however, THESE women wearing tight pants should be wearing tent dresses instead. Hammer

07-31-2008, 08:41 AM	#9
hammer Mr. Cranky Pants Join Date: Jul 2008 Posts: 3,212	ok...got it.

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