To our great surprise our 3 year lease and 2 year option (Sec. 34) has come to an end. Should we be worried? Ironically, the land surrounding us has pipes, and, yes, we were first leased when the Haynesville Shale had not yet been "discovered" so were crying in our soup when all the nice lease bonuses were handed out merely months after we signed over $100 per acre.  On that note, if we were to lease again, what are current lease rates?  Thanks for any info! 

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Good Luck,CBT.  Perhaps when your mail box money begins to arrive you will consider making a donation to GoHaynesvilleShale.

 

http://www.gohaynesvilleshale.com/opensocial/ningapps/show?appUrl=h...

Yes, good luck to you and your family, CBT. 
Henry-I would say more like 3 hours!!  Once you revealed Well #241852, everything snowballed to a closure within a couple of hours.  Amazing...Thanks for all your help!  Y'all have definitely saved us from costly lawyer research fees given we all live out of state! 

CBT --

Good luck to you and your family.  Let's all hope your well is a gusher.  Post back in 6 months and let us know.

 

(And I agree with Skip -- a meaningful contribution to GHS.com would be far less than what you would pay for 1 hour with an attorney.)

Benton Johnson came on line in the afternoon of 1/30.
According to some of the lawyers and few land man the range is from 1K on the low side to the high is 8K in the high.  Mostly in the 2.5 to 3.5 k range. Many of the higher $ contracts state that you should not disclose the amount. It all depends on where and the how many ac. If gas prices go up again you can see higher leases. We now have a good supply now. We just need a infrustructure for gas and a demand for gas.

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The History of GoHaynesvilleShale.com

GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

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