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3
Posted on 9/13/11 at 2:20 pm to Beerinthepocket
Tigerpawl
Alot of the links you put up are not working for me. Can you re post them TIA. Also as far as the problems with fracking, they have ironed most of those out and plus TMS is a mostly oil shale which mean much larger profit margins.
Alot of the links you put up are not working for me. Can you re post them TIA. Also as far as the problems with fracking, they have ironed most of those out and plus TMS is a mostly oil shale which mean much larger profit margins.
Posted on 9/13/11 at 3:48 pm to Beerinthepocket
quote:
That's the kind of thinking that these companies hope for from uneducated rural people, it's far from "free money".
It's not "free money" but very very few mineral owners have the technical and/or financial ability to develop their own minerals. A lot of them are virtually clueless to how it works, as are many of the attorneys who pop up in these hot plays chasing business. In an area like this a lot of the parties probably have never negotiated an oil and gas lease or drilling deal in their lifetimes.
Posted on 12/9/11 at 4:05 pm to Beerinthepocket
It definitely isn't free money, but right now it seems a bit early on. Though the numbers aren't the same the Marcellus and the Haynesville both fetch a pretty penny. I'd wait it out. A previous employer of mine required us to lease at 50$ an acre. It jumped to 1,000$ in less than 6 months.
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