Opinions on Lease Offer

I own 40 Acres in Sabine Parish S1 T9 R11. My lease has run out and Chesapeake has staked a location in my section. I need some educated opinions on what this land would be worth before I start negotiations.

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Permalink Reply by Jack Blake on July 26, 2010 at 17:03

It is worth alot. Jack Blake was just offered 6k per acre for his royalties on a form letter in sect 21 .t10n r11w .
Jack says a minimum of 6k with you geting 25% cost free royalty.
Offering Jack 6k per acre for his royalties mean the royalties will bring Jack at least 4 times that. Boom chacka lacka hollered Jack Blake.

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About As 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	Links About General Info Guidelines Supporters Donate Advertise Subscriptions Contact us

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As 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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