What lease bonus $$$ is acceptable for 2009... the following is how I see it.
Lease Bonuses::
2007.........$100 - $300 / acre leases..................way too low
2008.........$20,000 & up / acre leases...............evidently too high
2009.........$2500 - $10,000 / acre leases ........seems about right
2007.........$100 - $300 / acre leases..................way too low
2008.........$20,000 & up / acre leases...............evidently too high
2009.........$2500 - $10,000 / acre leases ........seems about right
Views: 503
Replies to This Discussion
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Oil & Gas ProPermalink Reply by Dion Warr, CPL on -
Aieee... crop! I haven't gone to bed yet!
Tiger: I didn't do it, no one saw me do it, you can't prove anything...
But, Earl: East German Judge! That's just hysterical! ROFLOL!
P. S. - Would somebody please point me to the origin of the red panties?
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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on -
Reply by Snake Stewart on December 7, 2008 at 6:04pm
Permalink Reply by KB 47 minutes ago
Here's the first member of the RedPantiedPiratesSoftball Cheerleading squad:
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Permalink Reply by Horseshoe Girl - a1 on
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To a normal person, it does seem right. But the O&G biz is anything but normal. It seems to experience Hollywod highs and lows - all dramatic and erratic, like those "reality shows" that exhibit a "heightened" sense of reality from what us regular folks usually experience. O&G is the Brittany Spears of industries. Working in the industry has always been like living with a manic depressive that doesn't think it needs to take its meds. Let's hope you're right, Ray! I do like the way you think!
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Permalink Reply by Duncan McGehee on
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I heard today Chesapeake is saying no more than $1,000.00 an acre.
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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on -
I had a reliable report today of $2,000/acre and it was for a nice size tract in the core. Just my opinion but I suggest that no one accept or get upset. Have an enjoyable holiday season and start over in the New Year.
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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on -
Earl, don't bother, In fact leave the dog out. He does know the difference between the CHK landman and me. I hope.
Skip, hopin' yor dog has had his shots.
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Oil & Gas ProPermalink Reply by Two Dogs, Pirate on -
"They don't bite this time of year" seasoned landman to the rookie.
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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on -
rookie to the seasoned landman; Are you sure?
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Oil & Gas ProPermalink Reply by Two Dogs, Pirate on -
"Been there before and learned it from my ole grandpappy" he said "They shed their teeth this time of year and all they could do is gum ya and their gums are sore from shedding their teeth so they will just bark and growl"
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Permalink Reply by Snake Stewart on
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That must be how it happened in Pineville, cause mine just bit the crap outta me last night ! (LOL)
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Oil & Gas ProPermalink Reply by Two Dogs, Pirate on -
Hey Snake you want to buy those 2 extra cylinders that car salesman ordered for that woman?
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Just as soon as I get this ocean front property sold , 2Dogs
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