Hi Jon,

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Jon,
Thanks for your interest. My parents leased their land in September, 2007 for a total of $38,000 for 190 acres! We were really disappointed when the going rates shot up to $15,000-$20,000, but at the time of the lease $200 an acre was the going rate. Many of my folks' friends did the same thing. I doubt we'll sell our interest but it would be interesting to know what the going rate for such a proposal is. You must really be a night owl...I'm writing to you from Belgium where it's 7:30ish in the morning!
Thanks Jon.

Jon,
Yes, the land I've been referring to is leased to Cheasapeake and is my parent's land in northwest Louisiana. They are getting ready to run a pipeline on my folks' property and have just completed seismic testing so I'm guessing they are looking to drill a well before their land comes up for renewal in 2010. I'm just trying to learn about the business and how it works so I can follow things and advise my parents. I see that you are in Dallas and must have experience with the Barnett. Are you in the business? Thanks for all of your help Jon. I really appreciate it.
Jeff

This is the first site I have ever been on, so it was almost comical when I was trying to figure it out.

Jon,

All you have to do is send him a friend request and then you can send private messages.

Hope this helps.