lease offer

whats 17% net on all prducts produced off well minus production cost is this something new or is this a good lease option?

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Permalink Reply by ROBERT H.DIXON JR. on August 27, 2012 at 12:54pm

lease states DEPT RESTRICTIONS It is the intention of both lessor aand lesee that the rights granted to the leased premises only appllies insofar as to the depths found between the center of the earth and a point 800 feet above the base of the tully limestone formation or its strategic equiv

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About

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 ]

1	Oil and Gas Giant EOG Sues Noble County Land Owner
2	Thoughts..Opinions,,Comments on Trump's Implementation of "Drill Baby Drill"
3	What's going on in your area?? any info???
4	M W Gary
5	Surprise! Chesapeake Energy is Back on Top Again

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