We signed a lease summer of 2008,to be paid by end of Oct.2008.2500 an acre 15% royalty,Turns out they over extended themselves.We did not recieve payment. In the spring they they offered to pay us half of the 2500 and increased the royalty to 16% we opted to get our lease back then signed with fortuna,So be careful of East resources.
Latest land lease here in Bradford County is $6500 per acre/ 20 % royalty.
It should be noted that the majority of the land here is already leased, but people with a decent amount of land who held out , are getting pretty good money right now.
They are paying people with 1 or 2 acres around $5,500 per acre
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