Has anybody recieved any leasing offers in Township 11 North Range 11 West Desoto Parish recently? I have been approached to lease and would like to know if anybody knows what the going rate is. Thanks
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a, I suggest that you post your question in the DeSoto Parish Group, here's a link:
http://www.gohaynesvilleshale.com/group/desotoparishnetwork
when you do so the members of that group will get an email alerting them to a new discussion post and they will see your question. I would further suggest that you include your section. If your section is under a unit order and you are one of the last to lease, you have a better negotiating position. Bonus offers are always better where companies are ready to drill. There really is no such thing as "the going rate". Lease offers depend on specifics and those specifics vary from one section to the next. Sometimes literally to one or more adjoining sections.
Just a quick question…I have read posts that include the term “negotiate”. Is this market dynamic present in all the state except for NE Louisiana (Union Parish)?
I have been approached with a lease (that I have not signed for numerous reasons) and the term “negotiate” was a non-entity in any and all dialogue.
I’ve considered that possibly I just have bad Karma.
Just wondering.
In which section(s) do you own property?
I've received an offer in section 14.
Thanks all,
I have land in 34 T22N R1W and 03 T21N R1W.
A few of my concerns dealt with the actual terms of the lease in that they want a 4 year primary with a 3 year option (their option).
They couldn’t tell me the depth or formation of interest.
A 20% royalty.
There is a bonus involved but my primary concerns were the above.
Thanks for your responses!
a,
I sent you a friend request. Would you please accept it, so I can email you? Thanks.
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