I was offered $3,000/acre and 17.5% royalty (I may be off on the royalty amount he quoted but I know the bonus was $3,000) a couple weeks ago. Personally, Wishgard is not the company for me. I agree with Marcus that Wishgard just takes a cut of what you should be receiving and I really don't feel they have pushed the numbers high enough to make it attractive to sign with them.
Hey Jeremy, Do you know if Gulfport is still using Wishgard as their contractor? I thought they put their own landman into the Play. Haven't heard any real activity from them for sometime. Any idea what terms are current with Gulfport? Thanks ,
I'm not sure if Gulfport is still active with Wishgard. I was contacted by one of Wishgard's landmen via phone and I did not ask for any additional information once he told me the signing bonus and royalty. He tried to convince me how good the lease is but I really didn't waste the time to go over it. In regards to Gulfport I have never communicated with them and I don't have any idea what there current terms are. Sorry I couldn't help. If I hear of anything I will pass it on to you.
What group are you with?
See Wishgaerd Post in the Ohio landowner Forum
What are their terms in regards to sign on bonus and royalty?
Who did chevron meet with?