Recent Offers

I was just contacted by a female rep from Twin Cities and offered $2000 and 22%. I was also told that I should take it and that they weren`t paying any more than that. Also she stated that the East 80 group was no longer together,[wrong]. I almost told her to come on over,[not].

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Replies to This Discussion

Permalink Reply by H. BROADWAY on September 14, 2009 at 9:08
I know of a well not far from haughton thet was doing 22 million cf a day for at least three weeks until they choked it back. Now how long does it take a o/g Co. to get in the black on a well like that????? so I'll take no less than what east 80 can get me .
Permalink Reply by Uncle_Jed_Wannabe on September 15, 2009 at 15:02
I got a new job about a year ago which moved me to a northern state. I made it a point to keep the mineral rights in the sale contract just in case anything ever came of it (and of course nothing has so far). It is definitely interesting to see how wildly lease bonus and royalty offers have swung over the last 18 months or so. Hang in there folks and make it a point to live as a cohesive community regardless of how the economic pendulum may swing.
Permalink Reply by Paul Lawrence on March 4, 2010 at 2:39
What's the latest on offers north of I-20 in Bossier Parish?
Permalink Reply by Checkmateking on March 4, 2010 at 3:26
zero
Permalink Reply by Rick Sanders on March 4, 2010 at 4:14
RIck Sanders pemberton NJ ( 30 acres on Benton rd in Bellvue Zero offers, Zero Intrest )
Permalink Reply by J B Nabors on March 24, 2010 at 11:03
I believe that Twin Cities is a subsidiary of Chesapeake: Late last summer they were offering $1500 - $2000 / acre in the City of Mansfield. We leased for $9,500 / acre in December from a different company, and were offered $10,000 / acre in January. ;-((
1. Do not sign ANY lease for less than 1/4 royalty interest.
2. Be sure to have GOOD Pugh Clauses in your lease. (yes, see a good lawyer or consult on this site)
3. Be sure to have a strong "shut-in royalty clause" ... $100 / acre per year.
Permalink Reply by Paul Lawrence on March 24, 2010 at 11:35
What is your section, township and range? How many acres? Thanks, Paul
Permalink Reply by Paul Lawrence on March 24, 2010 at 11:37
What is your section, township and range?
Permalink Reply by Marcia B on November 2, 2010 at 4:54
Has anyone had any recent leasing offers off benton road....section 3 ? or in Shady Grove Section 11 ? thank you...

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