"Looking for some input on a lease we were offered for 2.5 acres in Venetia. We met with the landman and the deal is $3100 per acre and 12.5% royalty. I inquired about the 12.5% and thought it was too low based on what I have read…"
"Thanks Tony and Edmond for your replies. I will definitely have the lease reviewed with an attroney before entering into it. As this is coming as a pleasant surprise to us, we don't wish to be greedy but want to be treated fairly as…"
"Received an offer similar to this ... $3100 for 2.5 acres in Venetia. Didn't discuss any other terms but the landman wants to meet Monday evening to go offer the offer. I must confess to being completely naive on all…"
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]