I have been reading a number of your responses and you are VERY WELL INFORMED!! Do you have somewhere that we "new" people can go to learn more from you? I have 12 acres in T22N, R11W. There does not seem to be alot of interest there yet, but like everyone else we are hopeful and I would like to be educated if and when it does happen.
Redd, how many acres do you have? I still get teed off when I read about folks like you who were wooed quickly before the word got out about the escalating amounts the O&G companies were willing to pay. Then, others in your area may get $20,000 acrea and 25% royalties just 4 months later.
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