Al bundy's Blog – July 2010 Archive (1)

Existing leases

I Just Purchased a piece of property with an existing lease. it was alease for shallow well gas. it runs out in 1 year, with an option to renew. its only for a couple bucks an acre. if they want to renew this lease, do i have any bargaining power?

Added by al bundy on July 24, 2010 at 1:06pm — No Comments

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