I have not heard of anything going that high...I recently leased for $300.00 an acre.
I haven't heard of any $500 leases, but have heard reports of $250-$300/3 year with 2 year ext. @ $100-$200, with .22% royalties offered for larger tracks. There wasn't much talk about new finds, only exploration around existing field fringes.
$450/acre with 25% roy 2yrs ago Lincoln
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