I have 94 acres leased to Range at this time and my current lease is up Dec 2015, trying to keep up with the current condition of the drilling in the Beaver area, I live in Raccoon Twp, not hearing too much going on yet. Also trying to figure good price per acre to get for next lease renewal. Landman trying to renew now and offered 1750 per acre with 16 1/2% not sure if this is low ball at this time or not, still have time on current lease
What is your role?
Which state(s) are you following?
What shale plays do you follow?
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I have a friend who has only 2 acres he got 2000 17%I. I recommend you get a good oil & gas attorney they do not receive any money till you get yours but they charge around 5%.My friend lives in raccoon also.
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 ]