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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