Ashland Lease: Approached to lease by a CHK Representative.

My husband and I have been approached by a Chesapeake rep regarding a lease on our property.  Does anyone have an idea what the going rate is for per/acre lease and royalty amount in that area?

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landownerPermalink Reply by Mac Davis on September 22, 2010 at 16:49
I don't read well logs. Just what's on SONRIS, which anyone can look up themselves.
Permalink Reply by Mary Kathryn Kenzel on September 23, 2010 at 3:07
Well Said!!!!!!!!!
Permalink Reply by Mary Kathryn Kenzel on September 22, 2010 at 11:42
Mac,
Thanks for all the info. My husband and I don't want to do anything ignorantly at this point, but we don't want to blow the deal either. I think we'll just go talk to our O & G attorney and let him figure it out. That's why he makes the big bucks, right? lol

All of you who responded to my questions, thanks big time.

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