What lease bonus $$$ is acceptable for 2009... the following is how I see it.
Lease Bonuses::
2007.........$100 - $300 / acre leases..................way too low
2008.........$20,000 & up / acre leases...............evidently too high
2009.........$2500 - $10,000 / acre leases ........seems about right
2007.........$100 - $300 / acre leases..................way too low
2008.........$20,000 & up / acre leases...............evidently too high
2009.........$2500 - $10,000 / acre leases ........seems about right
Views: 362
Replies to This Discussion
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Permalink Reply by Skip Peel - Mineral Consultant on -
Well my ole grandpappy said, "Never trust a dog that don't wag his tail" nor "seasoned landmen" that tell you "that dogs shed their teeth this time of year"!
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Permalink Reply by Two Dogs, Pirate on
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Once bit you never forget.
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Permalink Reply by RAY on
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With all of these double digit "mcf "producing wells being hit in the HS, it would seems that the smaller O & G boys will be making their move.
what bonus $$ amount would you accept today?
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Permalink Reply by Two Dogs, Pirate on
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KB, would you consider $5,000 per year or $10,000 for a 2 year OGML?
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Permalink Reply by Two Dogs, Pirate on
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I am not talking a flip, this would be a big boy offer that would not wait a long time to drill.
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Permalink Reply by Cathaus on
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I think you are seriously mistaken and should think seriously about paying Keith some serious bucks for seriously soliciting on this serious sight.
Signed,
Seriously Sick of Serious Solicitors
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Permalink Reply by Two Dogs, Pirate on
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Serious Black, everyone was scared of him in the 3rd Harry Potter.
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