I recently received a lease offer on some Shelby County land I hold the mineral rights to and was disappointed in the initial offer of $300/Acre and a 1/6 share. Has anyone heard of other offers that are better? It is in the Carson-Neva Survey area.
jr, please enlighten me! The Shelby Operating Company that I was referring to is out of Dallas,Texas, and they have held leases in east Texas for many, many years. Were you referring to the same company? I'm interested in selling the rest of my four acres of minerals, royality, and even the land surface. It is located in east Texas, Harrison County, and just south of I-20 on the Texas side of the Lousiana/Texas state line.
Please give me any contact information and any other details on the
$10,500 per acre payment.
KB, most everything around Pleasant Hill is leased to SWEPI and CHK. You can take what jr says to the bank, I know him, and he is in a position to know everything that is going on in that neck of the woods.
Re Pleasant Hill lease -- jr & two dog... Would this be Belmont? A friend in the neighborhood informed me of a Belmont lease with a $10k/acre bonus with 25% royalty that was signed a week to 10 days ago. The area he gave me was Belmont, which is a few miles down the road from P Hill.
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