Lease Offer

William H Hasskamp · 2015-11-10T03:45:05Z

My family holds the mineral rights to W2, Section 17, Township 158N, Range 97W in Williams County, North Dakota. Our 3 years lease with Continental expired in September. They are now offering $500 per acre for 4 years and 17.5% with the option of a 5th year at $250 per acre. In the present oil economy, is this a reasonable offer?

Shales Bakken Shale

show post in topic

Home
Categories
Guidelines
Terms of Service
Privacy Policy

Powered by Discourse, best viewed with JavaScript enabled