I RECIEVED AN OFFER ON 11 ACRES ON ATLANTA MIRA RD. IN RODESSA  IN AN 80 ACRE LEASE 150 PER ACRE AND 25% ROYALTIES THERE ARE 5 NEW WELLS WITHIN A 3/4 MILE WALK THAT HIT OIL .MY MAIN OBJECTIVE IS TO GET DRILLING STARTED IS THE 150 AN ACRE WAY LOW ?

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$150 is ok but 25% is great!!! I'd take it that's where your money willbe

THANKS EVERYONE FOR ALL THE POINTS OF VIEW . I DID SIGN A 3 YEAR  LEASE FOR 150 PLUS 25%

Good luck to ya, david.

With only 11 acres you are no leg to bargain with.  Take it or they will simply step around you.  IMO.

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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

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