We have a lease offer on 160 acres of $200/acre with 1/5 royalty in Newton County, TX. Does anyone know what the going lease rate is in our county? Any help is greatly appreciated
It depends on what part of the county and who is doing the offering.
About 6 miles from Sabine River on Hwy 190 East, company is Border Exploration…I sent you a message on your website this morning if you would like to contact me
We have a lease offer on 2/7/2013 the same as you. $200 per acre and 1/5 royalty that we are looking at. Have not signed yet. Offer was 3 year without an extension.