"We've been contacted as well. 12 acres...Rumley Twp. Our original lease lapsed in Oct 2016...Chesapeake did not renew. Our lease offer is $1500/acre signing bonus, 15% royalties, 2 year term with option to renew another…"
"Does anyone know the going lease rate per acre and royalty % for Harrison County? We've been contacted by DPS offering $1500/acre, 15%, 2 year primary term with option to renew another 2 years. Term seems short and offer low. I…"
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 ]