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Permalink Reply by Taken Advantage 71112 on July 25, 2008 at 23:12

Read the information I posted regarding Chesapeake Louisiana, L.P. to gain information on treatment of prior lessees; If you have lived in the section for years as my family has for over 20 years, most neighbors even longer, I am unsure why they have not contacted you in the past years. They have been leasing mineral rights in the area for over 4 years, possible 10+ years.

I do know parties are being offered between 12-18,000 per acre at current. I am unsure the companies offering this amount but over 8 neighbors have informed me of this. Be careful to your agreement and insure you receive a nice percentage of royalties, I have a jokingly 1/6th. Currently it's up to .20-.25% for this Section. We got ripped so many of your neighbors too.