Am I missing something here?

Petrohawk has been recently expressed interest (again) and offered $500 per acre and 25%. How wise is it to sell 75% for $500 per acre? I know the well would have to pay out before I would get a dime, but are the gas compaies so dishonest as to cook the books? Has anybody out there been a hold out and retained all their mineral rights where a "good" well was made? I have 1 acre in 191536.

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Permalink Reply by Greedy Landowner on January 23, 2009 at 11:33

The only way to get more is to not sign for less. Many don't have the discipline to let this be the principle which guides their decision to lease.

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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

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About 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	Links About General Info Guidelines Supporters Donate Advertise Subscriptions Contact us

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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

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