Just received another (low-ball) offer to lease from a major player in the Haynesville Shale that is out of OK.

In part it reads:

" . . . the actual reasonable expenditures . . . is expected to cost in excess of $8,000,000.00 (no surprise here). The time to reach payout can be estimated to take approximately 58 months (4.8 years) using a natural gas price of $4.50 . . . " .

Also:

" . . . if you . . . would like to wait a lo-o-o-o-ng (emphasis mine) time for any royalties . . . ", etc., etc., etc.

Now, my question is this. Just how does this proposed time frame for pay-out fit in with the recognized norm (if there is such a thing) or perhaps better said, average, of well pay-outs in the HA ?

There are some on this site who have way more understanding and experience in these matters than I do and any comments will be appreciated.