Is anyone aware of any leasing west of Norwood? I have heard offers are being made for 1/5 royalty and $250 per acre bonus.
Goodrich was leasing recently in the Wilson area for the same offer you've mentioned. As of approximately a month ago they have held up on their leasing activity pending further evaluation of a potential well that is in the near vicinity. That is the information I was given by a representative of Merlin oil 3 weeks ago and confirmed again this Monday, July 28, 2014. He also said that he is optimistic they will resuming leasing soon.
Thanks for the information. I have recently heard of offers for up to $300 per acre bonus.
Thomas, I would appreciate it if you could pass on any contact information you might run across for leasing possibilities. I will do the same if you like. My email address is email@example.com. Thanks