Has anyone been contacted by a CW Resources or Black Stone Energy for leasing in the JR Crofton (A-149) or Isom Wray (A-825) Surveys? If so, what terms were you offered?
Black Stone Energy (Black Stone Minerals) has just leased deep play minerals in this area from a large mineral owner.
I have 96 mineralacres in Angelina County which I leased to Goodrich for $300/acre with 1/5th royalty.
Have not heard what others are leasing for. I have been told that they are trying to lease even small
parcels so they have acreage to pool/unitize.