I just did a search for that company that wants an oil and gas lease on my place. An outfit out of Traverse City called Maritz Land Company.
In a state land oil lease auction on May 12 2014 they leased 2866 acres of state land for $12 an acre. Terms were quite similar to what they're offering me. Only difference is,they've offered me $50 an acre. I've contacted the BBB to check them out just to be sure.
In a state land oil lease auction on May 12 2014 they leased 2866 acres of state land for $12 an acre. Terms were quite similar to what they're offering me. Only difference is,they've offered me $50 an acre. I've contacted the BBB to check them out just to be sure.