Lease bonus

Patsy_Read · February 20, 2015, 6:21pm

I have been contacted by Wheat Resources to lease Sec. 38, Blk 52, T7S and would appreciate information on the current average lease bonus for this area.

J_Matthews · February 20, 2015, 7:21pm

Do you have the ABstract number?

Patsy_Read · February 20, 2015, 7:31pm

A-1702. Thanks for any info.

Teddy · February 22, 2015, 1:17pm

We are in the same block section ten we got 1250 a arce from Clayton williams three years twenty five percent

Patsy_Read · February 22, 2015, 1:51pm

Thank you. Is that a recent lease? Our initial offer is in that ballpark.

Teddy · February 22, 2015, 2:01pm

It’s two years ago

Patsy Read said:

Thank you. Is that a recent lease? Our initial offer is in that ballpark.

Patsy_Read · February 22, 2015, 2:19pm

Thank you for sharing.

Teddy said:

It's two years ago

Patsy Read said:
Thank you. Is that a recent lease? Our initial offer is in that ballpark.