I have heard offers of $17,000 to $45,000 in central to southern Desoto Parish. Can anyone verify this to be true or false? Section 8, T11, R11 and surrounding.
Most companies have maxed out, basically they will not be able to even drill half of what they have leased....Chesapeake for sure. Many people that were approached with an offer and wanted more, are now realizing that they may not be leased at all....all good things come to an end, message: Dont be even slightly greedy now, or you may gain nothing from all this. The traditional money will still be substantial made off the royalty after drilled. The success probablilty of this shale gas "comin in" is huge, so simply "get leased: or be sorry at this late stage of the game