Terryville field, simsboro

Looking for any information on leasing. Section1, twn 18n, range 4w and section 6, twn 18n, range 3w. I have a meeting today with landman to discuss lease bonus. Was looking for any helpful information.

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Permalink Reply by BirdDawg, plain ole' idiot on April 1, 2011 at 6:58

I think the lease bonus should be in the $300 - $350 range, but I would want 25% royalty.

Keep in mind, this is only my opinion. Section 1 is a bit of a step out from the known productive sections, and could be a bit speculative.

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About As 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	Links About General Info Guidelines Supporters Donate Advertise Subscriptions Contact us

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As 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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