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$$$$$ Your Area & Your Lease offers As of July 14th $$$$$$ moving froward

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I have also wondered about getting gross percentage. No one seems to know exactly how it would go.
Can anyone with some experience with working interest help us?
Since ya'll are so heavy into the math right now, can someone give me the figures per year for 6 acres with 8 wells on 640acres with each well producing 6 mmcf/d ? Thanks!
If there are 8 wells would the unit always be defined at 640 acres or would it change to my proportion of 60 acres?
Generally the unit would stay at 640 acres. Louisiana uses the concept of alternate wells to allow a company to drill more than one well per unit. So the tract partcipation % and associated royalty interest remains the same.
Fountainbleu subdivision in Keithville considering $12,500 acre with 25%
So you mean they were offered 12500.00. Wow good offer I would think. It seems prices are starting to climb for leases,at least for now. Hard to say when they will peak,
Dose anyone have a phone # for Pinnacle Leasing LLC?
15,000 Red RIver Parish, 27% royalties
From Pinnacle?
Haynesville, can you give any more details such as Township-Range-Section? Thanks for the information.
Unfortunately, I cannot, but it is legit sorry...keep an ear open out there

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