Replies to This Discussion

Permalink Reply by ken hatcher on November 6, 2010 at 8:22

Land description please...

Permalink Reply by confused in the midwest on November 6, 2010 at 9:38

Township 9N Range 11W and Section 2

Permalink Reply by ken hatcher on November 7, 2010 at 1:35

Things are slowing down but leases have hovered around 6 to 6.5 K p/a

Permalink Reply by OLYMAN on November 8, 2010 at 18:31

Confused, also do not sighn a standard lease, it only helps the operator. do your home work or get a good oil and gas attorney. A good place to start is on the main page on the left side close to the top of this site you will see leasing information click on that then click on leasing basics, it lists the important clauses that you need. Remember you only have one shot so make it count

Permalink Reply by Terry L. Antee on November 9, 2010 at 4:53

A well was just completed in sec 20, 9N-11W for 21 million a day and 10,000 lbs flowing pressure. That is a really good well. Also the Bossier Shale is probably productive in this area making it that much more valuable.

Permalink Reply by confused in the midwest on November 12, 2010 at 5:17

Thanks to everyone here. You have helped us make better decisions. We took your advice to heart.