Replies to This Discussion

Permalink Reply by Dion Warr, CPL on December 29, 2008 at 8:49

Jones':

Why is he kicking himself? Did he not get paid? Did he make his decision rashly? Did he sign with the wrong lessee? Where is his property in relation to other parcels? Are they drilling nearby, or is drilling eminent? Did he take a lower royalty?

As much as we have seen some l/o's get 'left out' when the bonus and royalty terms were rising earlier this year, we are now starting to see many people who took advice similar to "I know someone who signed at $5K/ac., someone else signed for $25K/ac. somewhere else, don't sign" get their deal at $15K/ac. get pulled and replaced with $1K.

Please, give some specifics beyond the broad and general, and refrain from hearsay as much as possible. Trust me, on this forum, there are enough pro- and con- POVs to vet any specific situation, but you're commenting with details out of the vacuum.

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Permalink Reply by The_Baron on December 31, 2008 at 4:49

Gasoline prices have no real impact on natural gas prices. At least not yet.

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Permalink Reply by callie sexton on December 31, 2008 at 4:23

Does anyone have any information about leasing in Union Parish. I have 40 acres there and have been approached by Manna from Monroe to lease----$250.00 per acre and 25% royality. Any information about current trends in that area is greatly appreciated. THANKS CSexton

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Permalink Reply by R L F on February 5, 2009 at 8:09

What section, township and range is your 91 acres located? Have you already leased?

Thanks

RLF

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Permalink Reply by Jay Murrell on February 5, 2009 at 12:36

The fair is in October.

Haven't you been sitting on this for a couple of months?

If none of the non industry "experts" on this blog are willing to put their money up to buy your lease for more money maybe you should take CHK's offer.

Lease your acreage.

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