True Texan's Blog (1)

Thinking About Signing A New Lease? You Better Read Every Line!

Thinking About Signing a New Lease?  You Better Read Every Line!

The newest lease to cross my desk was for a time period of (3) years.  We didn't want an extension clause because we want them to drill.  So what did they do to try to get an extension? Write in a clause saying that this new lease would auto renew every 90 days for $1.

After reading some of the post here on GoHaynesvilleShale.com and dealing with some of the new land man.  I'm losing all trust in…

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Added by True Texan on September 28, 2013 at 4:05am — No Comments

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