Pam,
I recieved the same offer from chesapeake and thought it was low as well. From what I know the going rate is $5750 per acre and 20% royalty with a five year contract. Can you let me know who you are currently negotiating with. Thanks.
Good morning.
I own 80 acres in Smithfield twp,. Bradford County. I was just offered 12% and $3000 per acre or 20% an $2000 per acre from Mason Dixon, representing Chesapeake Energy. I feel the percentage is at current market value, but the price…
Nov 15, 2009
Matt Volz is now a member of Go Marcellus ShaleNov 15, 2009
Just wanted to touch base with you. Hope things are well and that this is a site where you can dive in and begin contributing. Please be sure to check out our county groups and see if there is a county you can participate in. Have fun "shaling."