Hillcorp in Delaware Township Low Ball offer
Has anyone heard anything regarding the lease offer in Delaware Township? Is the bonus really $1,500? Are they really doing it just to help out the lessees?
It sounds like they are drilling a well and picking up small parcels at bottom dollar.
Views: 1620
Replies to This Discussion
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Permalink Reply by 015334grltd9m on
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PA, Mercer?
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Just saw people in Lawrence county PA, signed up @1,500 ac.
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The tunes you hear are correct, $1,500 an Acre.
I'm not sure what Pig signed them up.
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LandownerPermalink Reply by Lance Nimmo on -
People should have signed for $3,250. Pigs get fat, hogs get slaughtered.
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LandownerPermalink Reply by james on -
Looks like they are taking advantage of the slowdown in leasing, i guess the positive is they still are leasing. All it will take for them to start paying $3000+ per acre again is another company coming in and leasing again, the big quedtion is, do you have the time and patience to wait?
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LandownerPermalink Reply by Lance Nimmo on -
Exactly James. We are facing the same tactics from Shell on our one farm in Lawrence County. It will sit for anything less than what was paid in the past. If they don't need 150 acres we don't need them....
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