Fayetteville Shale, Pope County and others, Arkansas

I'm collecting signing bonus info for the new leases in Pope County, Arkansas, Fayetteville Shale. The Fayetteville shale area runs from West of Little Rock to the Oklahoma border. The development has reached Pope County, so I'm intested in the new leases. Southwest in the big dog at three times the involvement of Chesapeake. A major pipeline is being built move the gas out to the area.

What are the offers?

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Permalink Reply by Korie B2 on November 3, 2008 at 23:11
I heard of leases in that area for $400 and $800. The person that got $800 stated "got a pretty good deal compared to everyone else". Royalties are 20%. No one has heard of anyone getting more than that for royalties. Also the people I talked to have not heard anything about groups being formed. Hope this helps.
Permalink Reply by WayneandAnna on November 4, 2008 at 3:18
Our offer is similar. Do you know whether this was Southwestern or Chesapeake?

Wayne and Anna
Permalink Reply by Korie B2 on November 4, 2008 at 19:16
No, not sure, but do not think it was Chesapeake. I did not ask specifically who was leasing. She talked of a company I was not familiar with. I don't remember the name.

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