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Monday, September 19, 2011

Black Gold, Texas Tea and a Little Bit of Natural Gas

University A-1 Well

We had to go to the title office in Roby today for a little business and found a lot of action going on there and at the courthouse. Landmen all over the place, and you know what that means. Boom! Very exciting, go on up there and see if your neighbors have agreed to a lease or not, get your mineral rights in order and play your cards right. Get them suckers bidding against each other! I'm hearing leases are going for as much as $2400 an acre in east Texas. I don't know if it's going to get anywhere near that here, but it's going to get interesting, that's for sure.

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