Offer of $200-300/acre, 20% royalty, take it or leave it. I left it. They called back 6 months later with same offer.
RAP, can you share the company making the lease offer?
The last time I looked Mustang had filed a few leases with the Vernon Parish Clerk but that's been three or four weeks ago. Also EOG, Classic Energy Partners and Big Lake Productions had recorded leases. North and south of Leesville. Unless plans change, I will be down there next week and will try to spend a little time in the clerk's record room. Thanks for the information.
No prob. Appreciate the dialogue. All posts are helpful.
RAP what Township and Range are you in?
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AboutAs 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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