Eagle Resources leasing activity in Southern Illinois for acreage in New Albany Shale play.

Interesting article about an O&G that is actively leasing in Southern Illinois for exploration of a new shale play.

Opening offers for this region are starting at $30/acre per year and 1/8 royalty for a 5 year term.

http://www.courierpress.com/news/2010/mar/06/wanted-ill-farmland-wi...

Tags: Albany, Eagle, Illinois, New, Resources, Shale, Southern

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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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