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Re: trademe33 post# 14959

Tuesday, 04/29/2008 10:58:18 AM

Tuesday, April 29, 2008 10:58:18 AM

Post# of 20456
There are alot of variables to a lease? Like Bonuses, percentage of non working interest, perhaps they would like some of the working interest, how many years do they have on the land until they must drill, and it goes on. So, there is alot of play room to wiggel depending on what the landowner wants if they go with a smaller Oil and gas company like ALRY. Obviously ALRY has proven itself or they would not be getting new leases! That is HUGH! I say how close is it to a gas line they can hook into?
Good luck to all!

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