M C Ward's Blog – January 2009 Archive (2)

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

Added by M C Ward on January 27, 2009 at 8:51 — 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

Added by M C Ward on January 14, 2009 at 7:35 — 3 Comments

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