I am in clearfeild township. XTO offered 1000 per acre and 15% royalty. Is this the best I am going to do?
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Permalink Reply by mercersailor on July 18, 2013 at 5:07am Thanks for the update. I remain in a constant state of wonder if I should just take the offer. With so many drilling riggs busy in the area wonder when they stop making the offer.
Permalink Reply by Bignose99 on July 18, 2013 at 6:20am Most of my neighbors are saying no as well. I guess we're taking a stand ha ha.
Permalink Reply by mercersailor on July 18, 2013 at 7:15am
Permalink Reply by James L. Mitchell on July 22, 2013 at 11:30am I have 5 acres in Connoquenessing Twp received $2000.per acre and 25% royalty from Rex energy in 2010.They have not drilled close to get any royalty.
Permalink Reply by Oliver Perry on July 22, 2013 at 12:14pm James,
Is 25% royalty a typo? You mentioned on another thread your royalty was 15%.
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