They just announced the information regarding the conference call (Chesapeake) and said that Chesapeake is paying between $15,000 - $25,000 an acre. I want to know if Twin Cities is going to back that up now and offer us (Bossier City) more than the $5,500/acre.
Channel 12 just ran the story again at 10:00 p.m. and the reporter did say that today on a conference call, Chesapeake CEO said that they were paying $15,000 to $25,000 per acre to lease. I'm glad Ch. 12 ran the story again.
As 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