Hello, I'm completely new to the leasing business and have a question or 2. I was recently contacted by JB Land Service w/an offer of leasing my part of an undivided property. The other family member involved, which has controlling interest of the property, already signed a lease w/JB Land. I've been told by a friend that I would probably be better off if I didn't sign a lease since my portion of land is small and undivided. I believe their point was if I wasn't under a lease the land company would still have to pay me if any production was made. My question is would I be better off signing or not signing the lease. I've read over their terms and they seem to be what's on the table for everyone, $300. an acre for 3 years. I've talked w/neighbors in the community and they have been signed as well w/JB. Any help and/or advice would be greatly appreciated!!
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Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
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AboutAs 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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