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Now you are in the right spot. I'll be interested to hear what's going on in Shelby myself. Based strictly on the lease terms you mention, IMO the royalty is too low for the acreage you own and the length of the primary lease term plus extension option. The bonus is the least important term but with 275 acres it's worth negotiating also. I'm sure other Shelby members would be interested in what company is making the offer. They might have an opinion on whether this offer comes from an operator (a company that actually drills wells) or from an investor hoping to assign the lease to an operator and make a profit.
It may take 24 hours or more for all the members to see the email notice and to make replies. It's always best not to get in too much of a rush even though landmen often push for a quick decision.
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…
ContinuePosted by Keith Mauck (Site Publisher) on May 21, 2025 at 6:00
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AboutAs 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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