landowner

Leasing

I have read all the posts about how drilling has come to a hault but has leasing as well?  I ask cause I have property that is expiring in next week or so (50acres) and I was just wondering if leasing is an option or if I should just wait til price of gas goes up?  Thanks to anyone who decided to reply with their opinion... I'm in Shelby County off 947 in between Tenaha and Timpson....Thanks.... Laurie

 

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landownerPermalink Reply by intrepid on January 1, 2012 at 20:18
Looks like we may be waiting a while. If you remember the Barnett slowed down to a tickle then picked back up then went back to a trickle again. I saw something a few days ago that predicted gas to stay around $4 for quite a while. All the interest is in the Eagle Ford right now.

landownerPermalink Reply by Laurie on January 2, 2012 at 6:13

Thanks for reply... I do appreciate your time.

 

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