Replies to This Discussion

Permalink Reply by student on August 20, 2008 at 10:04

do you know what kind of prices have been offered in the Mt. Herman area. Are most of the leases for 3 year terms?

Permalink Reply by intrepid on August 20, 2008 at 11:44

I can only speak for myself but it has ranged from 2,000 to 5,000 per acre with 25% royalty for a three year lease. Maybe some others will chime in with what they have been offered.

Permalink Reply by student on August 20, 2008 at 11:54

Chesapeake offered me 3500 with a three year lease. Didn't know if this was good or not. They didn't seem to want to go higher. Maybe I'll wait.

Permalink Reply by Gone Fishin on August 21, 2008 at 2:20

wheres your place at, what survey. Let me guess, between center and joaquin or huxley?

Permalink Reply by LJO on September 17, 2008 at 12:03

this is exactly what this co. was planning, they have backed out on all leases after 6 weeks of waiting - DO NOT SIGN with this company if you want any $, their bank drafts are coming back unpaid!

Permalink Reply by ALongview on September 17, 2008 at 14:14

Which company are you talking about?

Permalink Reply by LJO on October 12, 2008 at 15:38

sorry, this was in reply to a post about m.l. benedum

Permalink Reply by shelbycountyflash on October 1, 2008 at 7:01

Poor choice!

Permalink Reply by concours on August 18, 2008 at 13:00

i talked to a company working for petrohawk and got offered 600.00 an acre, he was trying to give me a check before i walked out the door. this company has set up a temporary office in center behind the jailhouse. just startin to talk to different land guys and educating myself i am real interested in the area of 1645 and 2026 if anyone has any good info for this area.

Permalink Reply by Jo Anna Godfrey on August 18, 2008 at 14:19

Please let me know if you hear anything. I am also interested in what's going on in the area of 1645 and 2026. Someone mentioned on the East Texas site that they had an offer of $7500 an acre.

Permalink Reply by concours on August 19, 2008 at 3:11

one of the landmen from chesepeake said they were not interested in this area of 1645 and 2026, that was on 8-14.

Permalink Reply by Jo Anna Godfrey on August 19, 2008 at 11:35

Thanks.

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