Posted 11/24/2013 13:59 (#3466207 - in reply to #3464068) Subject: RE: Oil / Gas lease "machinery" (??)
Ne Ohio
I live in eastern ohio, I have leased one of my farms for $5800 per acre for a 5yr lease with 20% gross royality! That has helped out a lot of farmers in my area! A lot of new iron has been purchased! But some live like they did before and put it in investments! Take your time 3-4 yrs ago $50 per acre was good money! Mike