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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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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