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Lease Legnth

Started this discussion. Last reply by Kyle Nuttall May 17, 2013. 17 Replies

I have heard of offers for 10 years, 3500 per acre with a 17% royalty, versus 5 years renewable in 5 years, 2500 per acre with the same royalty. Am I correct in assuming that if the well is drilled…Continue

Newbie

Started this discussion. Last reply by 2s72s0k9mm8gd Feb 19, 2012. 8 Replies

Hello to all! Much thanks for this site and all the information. I have an offer, live in southern butler county and have a copy of the lease. I have set up an appointment with an attorney. I have 3…Continue

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Introduce Yourself
newbie
What is your role?
Concerned Citizen
Which state(s) are you following?
Pennsylvania
What shale plays do you follow?
Marcellus

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