southwest shreveport
I am in a large group(2900+) in sw shreveport and am waiting with the rest of the members for an offer from the o/g companes. Whats a reasonable amount to expect for a sign on bonus for 1/4 acre of land?
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Replies to This Discussion
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Permalink Reply by michele-C2 on
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Is T16N, R16W, Sec 1 included in your group? Looking for a group with others from my section.
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landownerPermalink Reply by lulu on -
i am in sec 16 near kingston and williamson way-idont know if theyre still taking sign-ups. I think the pinecroft group is still taking members and their legal help is charging something ridiculously low-like 25$ per plot w no % or royalties.
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landownerPermalink Reply by Bandit, UMO on -
Good question.... Also in south Shreveport, on Aug 4th, "the DeepWoods Group voted unanimously to accept Chesapeake's offer of $22,500 per mineral acre at 25% royalty for a primary term of 3 years with a 2 year option." This was on their website. www.deepwoodsgroup.org/
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