received lease offer from Anchor, offering between $250 and $425 an acre depending on royalty. This seems low to me, given the 4 announced Devon horizontal wells. Does anyone have any insights on this? thanks–
The last pooling in the township was for section 6 in 2019. $1500 1/8th, $1400 3/16th, $1300/ac 1/5th. How times have changed in two years… Staghorn has a pending pooling in section 5 which will be more indicative of the current levels. The hearing is supposed to be August 23, 2021.
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