EOG has been rumored to be leasing in southern Arkansas for a few years now. Has anyone leased land lately and what rates are being offered?
Pinebelt and triad have been activly leasing all over for some time now
Its official Southwestern has announce the Brown Dense and that they have leased 150 million $$$ worth of land
I saw that a couple of days ago and there's a new article on it that floated through the news feed on the homepage - Southwestern Announces Smackover Brown Dense Acreage
460,000 acres is a big position. They aren't kidding around that's for sure.
Offer of $100/acre to sign, 3/16 royalty? Seems really low.