Shell drops the floor out of Lease Offer

My dad has a lease run out in June, and he had a landman stop yesterday. Apparently, they are offering $1,000 per acre.. LMFAO

 

Does Shell really think the landowners that signed the original BS leases are gonna come out and sign for that after their neighbors just signed for $3,250 6 months ago? I know, I know, it's the old they don't have competition. Tell you what, add up the acreage of all the old leases coming due, along with current holdouts, and they just found competiton. I really hope that landowners, without LAWYERS can keep communication lines open and not settle for BS lowball offers....

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2z248p19vqnh9Permalink Reply by 2z248p19vqnh9 on May 21, 2013 at 4:04am

Lance I don't 'know you'...I 'don't know' this lawyer either, but you both come off as pretty 'straight shooters'. I respect & appreciate that. Don't know if what he is saying here will help you or not...but it is rational.

As one light lights another, nor grows less - so nobleness enkindles nobleness. ENDEAVOR. Best of the Best to you, your family, and your daddy - God Bless Him.

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