Received an offer from Eckard, Section 14 @ $5,000.00/NMA and Section 33 @ $3,000.00/NMA. Has anyone dealt with Eckard?
Any recent sales information for comparison? Citizen Energy sent pooling info.
What difference does the royalty of 1/6 on an older lease vs. 3/16 on a newer lease make on the purchase price?
Thank you!
The 1/6 equivalent of 3/16 would be $2,666.00/acre.
If you add the township and range, we can give activity information. Pooling indicates future drilling.
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