Tuesday, November 26, 2013

Happy Thanksgiving

It's almost Thanksgiving and the TuscaloosaTrenders have a lot to be thankful for.  I estimate that over the past three years approximately 1.7 million acres have been leased.  At an average of $200 per acre, that's $340 million of income for mineral owners.  Let's figure that land acquisition costs are $20 per acre.  That's $34 million to the landmen of the world.  With 34 wells drilled, I estimate a total of $544 million spent by the operators with the service companies as benefactors.  Some mineral owners are already blessed with that amazing "mailbox money" every month. Over the past year, some speculators have made a really nice return on their high risk investments.

With all that said, it's a great time to offer some tax deductions to all of you.  I'm giving you the choice to fund the rewriting of the ObamaCare website or make a tax deductible donation to an organization that serves the poor directly and efficiently.  As many of you know, my favorite charitable organization is Emmaus House of Harlem.  The organization was founded by my uncle, the late Father David Kirk, in 1966.  The organization continues on today and has a staff made up of 100% volunteers.  Your donation goes directly to serving those in need.  I serve as the President of the board of directors.  Your donation is in good hands. This week, Emmaus will distribute 250 turkeys to families in need. An interesting calculation...a 1% tithe on $340,000,000 is $3.4 million.

Make a donation today:

Emmaus Harlem on Facebook:

2014 appears to be the "proof in the pudding" year for the TMS. From recent presentations, it appears that 40-50 wells could be drilled next year.  With all of this excitement, I look forward to making many "late night" posts keeping all of you up to date on the activity.  Your generosity is sure to inspire me. GEAUX BIG!

Happy Thanksgiving to all!

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