PetroEdge prospective lease ... I was told their signing offer was $1500/acre and when I asked about the rental payment if they don't drill - I was told the $1500/acre price was for five year lease (paid up)- so basically it's $300/acre per year for five years... is that standard?  I've ready so many things about being sure the rental payment is in the lease, in case they don't drill... maybe I just wasn't understanding what I was reading, I don't know.  But no where have I read that…

Does anyone have any experience with them? 

I live in Wisconsin and on March 2nd I was contacted by one of the company's representatives because they want to drill in the Sardis district of Harrison County, WV and apparently, I own a small portion of the mineral rights of one of the properties.

I received a copy of the proposed lease 2 weeks later and have concerns about it as well as the issue of past due property taxes I may owe.  I was told by the county assessor's office to…