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re: Tuscaloosa Marine Shale
Posted on 9/15/11 at 2:04 pm to fishfighter
Posted on 9/15/11 at 2:04 pm to fishfighter
quote:It's just a crap shoot either way, but I figure the more [current] knowledge you have, the more power it gives you. Who knows what lurks in the inner sanctum of the Oil Companies and Land Men? If my hunch is right, those new lease holders will flip those leases to the oil companies and make a quick, tidy profit. I think one thing to remember is this: it's not what it's worth to them, it's what it's worth to you at whatever your circumstances are at that point in time. C'est la vie...
Thanks for the heads up. I am going to hold out. I could use the moneys, but the way I look at it, it money I never had to loose in the first place. Everything around me is now leased. Last company that called wanted to put a well on my place. I will just wait and see.
This post was edited on 9/15/11 at 2:05 pm
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