is $125/acre with a 1/6 interest in production on a large tract laughable? have recently had this offer

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Anybody know of any leasing in Downsville. I talked to a landman who offered 250/acre 1/5 5/5 yrs. We passed thinking something may be coming in the future. Any help would be appreciated.
Just recieved email that land East of Bernice (Shilo area) leased for $300 acre/3 years. Offers getting better.
Thanks for the information. Do you know who is leasing besides Pinebelt?
I have only heard of Pine Belt and don't know what oil/gas company they are working for.

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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

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