M C Ward
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  • Houston, TX
  • United States
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What is the role of the landman?

My family and I asked a highly recommended landman to
represent us in obtaining a release from the company we
originally signed with.

The lease has run out and we want to get another company
involved.

So far the landman we are working with keeps making
promises to us, but so far we have no results.

We are anxious to move on. Any suggestions as to what
we do, since we do not have the release.

Posted on January 28, 2010 at 11:50 — 1 Comment

Petrohawk offer $5000 per acre and 25% royalty

My family has been offered $5000 per acre to lease our land in Sections 33 and 32 in DeSoto Parish.

Is this a good offer?

I need guidance.

Posted on May 28, 2009 at 14:19 — 3 Comments

Signing Bonus

My family has leased our property in DeSoto Parish to Bridas Energy and we have

been receiving checks for the two wells on our property for a few years.



Recently we were contacted by someone to lease our acreage

for $500 an acre with 25% royalty. They want permission to go deeper

than our current lease allows.



Two questions: Is this a good offer? And can you lease your

property to another energy company, even though Bridas

holds the current… Continue

Posted on January 27, 2009 at 13:51 — 4 Comments

Signing Bonus Offer

I have mineral rights in DeSoto Parish in Sections 32 and 33,
13N, 15W.

I was offered a $500 bonus for each acre and 25% royalty.

Is this considered a good offer?

MST

Posted on January 14, 2009 at 12:35 — 3 Comments

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At 10:23 on May 20, 2014, Franks said…

Most bonus payments refer to a 5 year lease. So when you hear $2000 per acre, that's for 5 years so it amounts to $400 per acre per year.

At 12:57 on January 20, 2009, Desoto11 said…
3500 - 4000 is the going rate today per acre. 500? NO WAY!!

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