I just got a call from a client in Shreveport and she was offered $20,000 per acre. Property is close to Evangel High School. Do not know what the royalty interest is, I expect 25%. We will be handling for her, maybe we can get more money for the bonus signing.
Your gonna try to get more than $20,000 per acre? In todays situation? Just my opinion, but what more can you want now? Might want to talk to a lot of people that had the good offers walk. You ever heard that song "Take the Money and Run"? I don't know what kind of business you are in, but are you aware of the current situation? Hope you handle your clients business wisely. Once again, just my opinion. Hope you end up with a happy client.
KB, My reply was in direct reference to her saying "maybe we can get more money for the bonus signing". Yeah, and maybe you will end up with your client getting nothing. Cathy Moffett sounds like the people that were handling my shale and they wouldn't take an offer that would have given me $400,000 dollars. And now I am trying to find out if I can sue them. Because you know what I got Little Ms. Moffett? Nothing, notta, not a damn thing. Great representation some of you people give.
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