Quantcast

o'l

  1. N8 v2.0

    So an oil company wants to lease my mineral rights under my house...

    It's an oil & gas find called the Haynesville Shale. Going rate is a 3 year lease for $6k per acer and 25% of royalties. I have 5 other lots too.. this is kinda a nice surprise. :) The shale is deep... 10,500-12,000 ft down and requires horizontal drilling to extract it.
Top Bottom