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re: Oil & Gas lease offer for a recreational property in SW Miss. - what to look out for

Posted on 5/13/21 at 8:32 am to
Posted by UpToPar
Baton Rouge
Member since Sep 2008
22213 posts
Posted on 5/13/21 at 8:32 am to
quote:

$50. I got $5000 an acre back in 2009.

I’d hold out for a lot more per acre and I’d rather 1/8 royalties before any production costs etc .... instead of 3/16 after production cost.


I wouldn't listen to this guy.
Posted by bulldog95
North Louisiana
Member since Jan 2011
20731 posts
Posted on 5/13/21 at 1:43 pm to
quote:

wouldn't listen to this guy.


It’s ok my family has been doing very well the last 4 decades with timber and oil/gas wells. I banked during the haynesville shell boom but by all means listen to you. It’s not my $$$$$ to lose.
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