Fayette County, TX - Oil & Gas Lease

Penn v will not be leasing in the area Tri-C is trying to acquire...which is mainly the old expired Sanchez leases in fayette county from Praha to engle, and south of I-10. This will probably be the best offer you can get...about the same as the others are paying...Ross, Geo and what Jeter paid. Also someone called HBR ? or something like that is leasing same area. Mike Steinhauser is probably not liking the language of the lease..because the money is ok. Penn V did lease back the acreage to do the Big Five unit that Devon had permitted but never did...and Penn paid between $550-$650/ acre...and all of them accepted......