Re: OT: gas leases

Posted by Tx Jim on November 12, 2005 at 03:29:36 from (24.155.160.2):

In Reply to: OT: gas leases posted by PhilcaseinWPa on November 11, 2005 at 13:40:04:

Phil,my neighbors and I signed gas leases here in N.Texas a little over 5 years ago.No gas had ever been produced here, so gas companies offered little $$ per acre lease and 12.5% royalty. A few wells have started producing good amounts/day(1-4 mil.cu. ft.) so lease $$$'s and royalties have risen considerally($1000-1500/acre and 25%).This is in the East Barnett Shale formation. Sometimes the early bird gets the smaller worm. Gas Co. employees can't tell the truth because they are sent to LIAR"S COLLEGE for their PHD's so watch out!!!! Tx Jim

Follow Ups:

Post a Followup Name: E-Mail: Subject: Comments: Optional Link URL: Link Title: Optional Image URL: Email Notification: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.

TRACTOR PARTS	TRACTOR MANUALS

We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]