Looking for leasing expertise in Columbia County

Hi There:

My family owns a piece of land in Columbia County, Arkansas and we are currently negotiating an Oil and Gas Lease with a small energy company. I'm not from the area, so am looking for some advice, especially regarding what a landowner could expect for lease bonuses and royalty rates. And, also maybe the top 5 things to look out for from O&G companies ... I'm concerned that not being in the area may make us a bit of a target.

A professional lawyer contact would be appreciated, if anyone in this forum knows of one.

Thanks!

Stephen

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Permalink Reply by jerry smith on September 8, 2009 at 9:55
Stephen, there is a lot of things you need to look at a lease before you sign on the doted line . The first thing is there is a lot oil and gas lawyers out there that do not anything about oil and gas they say they do but they dont. You need a smart land man to do the deal for you
Permalink Reply by Stephen King on September 11, 2009 at 17:33
Good idea ... my dearly departed brother was a Land Man ... he had lots of contacts in Calgary, Canada so I expect there's a network of referrals. Thx!
Permalink Reply by Stephen King on September 16, 2009 at 18:05
We received updated terms: $175 / acre and 20%. Based on other discussions on this thread, this seems like it's not on par with what else is going on ...
Permalink Reply by Keith Mauck (Site Publisher) on September 17, 2009 at 2:17
You also should get active in the Arkansas Group on here...
Permalink Reply by Keith Mauck (Site Publisher) on September 17, 2009 at 2:19

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