They just announced the information regarding the conference call (Chesapeake) and said that Chesapeake is paying between $15,000 - $25,000 an acre. I want to know if Twin Cities is going to back that up now and offer us (Bossier City) more than the $5,500/acre.
The $15,000 - $25,000 is just what they announced on the news at 5 p.m. They said that Chesapeake said that they are paying that much now, unless I heard them wrong???
Channel 12 just ran the story again at 10:00 p.m. and the reporter did say that today on a conference call, Chesapeake CEO said that they were paying $15,000 to $25,000 per acre to lease. I'm glad Ch. 12 ran the story again.