Caddo Minerals acquires Haynesville Shale Interest, Continues to diversify amongst liquid rich plays.

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With it's latest acquisition, Caddo Minerals continues to grow their presence in the Haynesville Shale. Increasing oil prices and flat natural gas prices have given operators incentive to move into more liquid rich plays. Caddo Minerals has begun to follow the trend.

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While we love natural gas, the price of oil has created a massive shift from the operators towards more liquid rich plays. Caddo is looking to make a significant investment in the most active oil plays throughout the country.

Caddo Minerals, Inc, an Oil & Gas Investment firm focusing on producing and non-producing mineral rights, royalty interest, overriding interests and working interests, acquired a number of properties in November, 2011 including an interest in Bossier Parish, Louisiana. The interest includes two wells, both operated by QEP Resources. Each well had an initial production close to 12,000 mcf/day. The Haynesville Shale is a natural gas formation in north east Louisiana producing approximately 8 bcf (billion cubic feet) of gas per day. Wells in the Haynesville produce 4-8 bcf each.

"Acquiring natural gas properties is an important part of Caddo's strategy. With oil breaking through the $100 mark, natural gas has remained relatively cheap at $3.50. From a heating perspective, natural gas is priced incredibly low, and is a good value play," says Caddo Minerals, President Bill Fowler.

Caddo continues to focus on the Haynesville Shale as an excellent source of natural gas properties. However, Caddo has recently shifted much of it's focus towards more liquid rich (oil, ngls) plays like the Eagle Ford Shale, Utica, Bakken, Mississippian, Brown Dense (Lower Smackover) and Granite Wash. "While we love natural gas, the price of oil has created a massive shift from the operators towards more liquid rich plays. Caddo is looking to make a significant investment in the most active oil plays throughout the country," says Fowler.

Caddo acquires mineral interest from landowners large and small. With an emphasis on education, Caddo helps mineral owners make the right decision for them and their family. "A lot of the time mineral owners are simply trying to understand what their minerals are worth. They want to know what their options are. If we can educate a mineral owner and help them understand how we are valuing their mineral interest, they are much better off. At that point, selling or not selling mineral rights is an easy decision." says Fowler.

CADDO MINERALS INC.: Caddo Minerals Inc. is an Oil and Gas investment company focusing on producing and non-producing oil and gas mineral rights, royalty interest, ORRI and WI. Caddo strives to create short and long-term capital appreciation through a variety of strategies, decreasing its exposure to commodity prices. Caddo has developed its strategy through experienced leadership, and has created extensive positions in domestic natural gas and oil plays. With a reputation as one of the country's premier & most trusted buyers of mineral rights and royalties, Caddo has built invaluable relationships with landowners and investors alike.

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Will Fowler

Will Fowler
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