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re: Haynesville Shale

Posted on 6/5/08 at 8:58 am to
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 6/5/08 at 8:58 am to
quote:

15000 per acre plus 25% royalties

The highest I've heard so far has been 6500 / acre with 25%. 15000 sounds like it could be a little high.
Posted by tigerjohnny
baton rouge
Member since Mar 2005
2500 posts
Posted on 6/5/08 at 12:39 pm to
well I know that the YMCA got 9000 an acre for their 51 acres at camp forbing. 15000 is just what the people a few blocks from me have told us they are trying to get. they were walking up and down ellerbe talking to every person they could to try to get people to stick together on a price
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 6/5/08 at 2:15 pm to
quote:

The highest I've heard so far has been 6500 / acre with 25%. 15000 sounds like it could be a little high.


For a good well, how much annual income are we talking about it kicking off?
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