I own 124 acres in Westland Twp..leased to oxford/eclipse with a producing vertical well..Landman for them says I need to sign lease amendment..royalty would be increased from 12% to17%,would pay me 30,000. for a well pad,..and as an incentive, 250.00 dollars per acre..after reading what others have to say, I'm very skeptical about signing this lease..
What is your role?
Which state(s) are you following?
What shale plays do you follow?
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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 ]