Have received a lease offer for section 4, block 40 in upton county, for $500./NMA, 1/5 royalty for 3 years. Anyone had any recent offers for that area and what were the terms offered and taken?
Thanks for any help!
Have received a lease offer for section 4, block 40 in upton county, for $500./NMA, 1/5 royalty for 3 years. Anyone had any recent offers for that area and what were the terms offered and taken?
Thanks for any help!
Ms Hardy Did you eventually lease under those terms? I am trying to find information on leasing activity near McCamey, but am having no luck. Dj
Dena,
We did lease for $750/NMA with 1/4 royalty. Hard to find leasing terms so good luck with your efforts.
Dena Johnson said:
Ms Hardy
Did you eventually lease under those terms? I am trying to find information on leasing activity near McCamey, but am having no luck.
Dj