Replies to This Discussion

Permalink Reply by Allen67 on September 2, 2008 at 6:57

What county is this in? Did they actually show you a lease? If they did how bad was it,and who was the company? Of course the $50 was horrible! Surely they know better than that by now.

Permalink Reply by Petro on September 3, 2008 at 1:02

It is in Nevada County (Bodcaw) and I believe the name of the company was Atlanta oil.

Permalink Reply by Allen67 on September 3, 2008 at 1:06

I have heard of Atlanta Oil trying to get leases for $50 and then coming back with a decent offer!

Permalink Reply by Geoff on January 29, 2009 at 10:16

in Township 14 South, $50/ac. sounds great. You might get $25/ac. now . LOL

Permalink Reply by Allen67 on January 29, 2009 at 12:29

They are paying more than that and they are giving a good royalty interest! Come up with something fair, they will pay it!!

Permalink Reply by fngrsxnpd on January 30, 2009 at 14:12

what are they leasing for, what play?

Permalink Reply by Allen67 on January 30, 2009 at 15:26

They are going tothe smackover . What % royalty did they offer? You should be getting at least 150.00 and 20% And that is with a good lease, not the one that they want you to sign!!!

Permalink Reply by Geoff on February 2, 2009 at 4:41

This is in BODCAU, home of the 2 barrel a day oil well. I leased for $50 and 3/16ths on several tracts.