Anybody interested in forming a group in Shelby County, Texas- to leverage our negotiation power? We have common interest- we will be more successful working together as a group of landowners in Shelby County- than to let the O&G companies- give us low-ball individual offers.



I also own several properties in the Barnett Shale in North Texas- and we have join together to negotiate leases for the entire neighborhood- with great success. Initially, O&G companies… Continue

I own about 100 acres in Shelby Co, Texas- and I also have five properties in the Barnett Shale - in North Texas. The first lease I signed with only got $2000 per acre in August' 2007. I signed my second lease in April'2008- and we received checks on the day of signing (not drafts) for $23,000 per acre with a 25.5% for a 3 year lease- which is renewable after 3 years with an additional cash bonus at that time of 3/4 of the initial bonus. Prices continue to go up ... now landowners are getting… Continue

Ellora’s recent activity is their binding agreement with Chesapeake Energy Corporation executed on June 4, 2008, in which Chesapeake agreed to acquire a 65% working interest in Ellora’s deep rights in East Texas to target the Haynesville Shale formation. To consummate this agreement between Ellora and Chesapeake, Chesapeake agreed to pay Ellora $350 million in cash.