My husband and I have been approached by a Chesapeake rep regarding a lease on our property. Does anyone have an idea what the going rate is for per/acre lease and royalty amount in that area?
Mac,
Thanks for all the info. My husband and I don't want to do anything ignorantly at this point, but we don't want to blow the deal either. I think we'll just go talk to our O & G attorney and let him figure it out. That's why he makes the big bucks, right? lol
All of you who responded to my questions, thanks big time.