I recently received an Oil & Gas Lease Agreement from ILG Energy - does anyone know if they are legit?  They are offering $3,000 per acre bonus, plus15-1/2% royalty, and $4,000 per well drilled on your property.  I have 32 acres in Center Twp.

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Correct me if I am wrong, but I though the unit sizes are 160, 320, 640, and 1280 acres.
Sorry thought you ment group size don't remember contract. In my truck
Maybe some one else is reading this and will answer my question, don't worry about is.
640 acres to 1280acers was pooling size

is this legit and how could they be contacted ?  3850 and 18%  

Signing Thurs.the8 Sept and 9 at centerville senior center
thank you Chris ! do you know the name of the company and are they in both monroe and belmont co .
Nals land group signing with wishguard
Are they still an open group or have they closed?
Still open I think

The best advice I can give to you is to get a lawyer who is familiar with oil and gas leases.   That way you can make an intelligent decision.

 

That is not a very good offer I do not know who ILG Energy is I will check them out Mike

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