Received an offer of $2,000/NMA plus retaining ORRI above existing burdens & 25% of Haynesville formation in Panola Co. Tx. Current Cotton Valley Sand producing gas unit covers approx 400 acres. I know that similar rights in the area sold for that in 2009. I have no idea if that is the going rate now. Anybody know what current prices are being paid per NMA?
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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