landowner

Kansas Leasing Activity

I hate asking this of the Haynesville group... but i'm not sure of another group like it... anywhere else. A friend has been approached about leasing acreage in Ellsworth County Kansas. Was offered $500/acre... 1/8 % for a five year lease. I don't know anything about the activity up there... or if this is the average for Kansas. It doesn't seem to me that it's a very good deal. Any advice would be helpful. Thanks, jhh

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Oil & Gas ProPermalink Reply by Grillin' - MmmMmm on October 29, 2009 at 0:39
I know you got a pretty scary looking picture! But then again, so do I! And you're right on this account.

landownerPermalink Reply by Mac Davis on October 28, 2009 at 6:46
Be very careful about what you read on this site.

Mineral law is very different from state to state. In some ways, LA has much better laws for the mineral owner, in particular, what happens if you don't lease and they drill anyway.

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