mcgongle energy

Anyone know anything about Mcgongle Energy? they opened an office down behind Arbys in Cambridge. A guy told me they were leasing in guernsey co. and paying $5250. per acre and 20 % royalties. true or false?

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Permalink Reply by arminius on July 11, 2012 at 4:23pm

Mcgonigle Energy was a leasing agent for Amarado Oil. I have been told that they are no longer the leasing agent for Amarado but that Amarado has right of first refusal on any lease they sign. $5250/20% was the offer they were making a month ago. I assume it is still their going rate.

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