I was recently contacted by several people to lease a small 3.8 NMA in Section 1-8-8. Has anyone else leased in that area recently and what are the going rates? I’ve gotten $3000-$3200 per 3/16 As offers. Not sure if that is fair or not. TIA for any information anyone may have about activity in Section 1.
I also have a small NMA interest in 1-8N-8W and have gotten a couple of offers. So far they're in the $2,000-2,500 range for 3/16. If I may ask, who is your offer from?