NETGLO
(Keller, NRH and Colleyville group) voted in February, 2010 to accept a Chesapeake lease offer for $5,250/acre and 25% royalty
with 95% of the 1,591 residents voting in favor.
Titan/Caffey finalized a deal with Bedford Colleyville Mineral Rights Coalition (5,000
acres) for $25,000/acre and 25.5% royalty on September 28th - Lease signings suspended as of October
18th.
Vantage Energy agreed to a deal with Southwest Fort Worth Alliance (8,000
acres) the first week of September for a signing bonus of $27,500/acre and 23% royalty -
Lease offer rescinded as of October 14th.
Sunshine Group in Southlake reached an agreement with Chesapeake on August 6th for $22,500/acre.
CAMRA (Colleyville) finalized a deal with Titan/Caffey for $25,000/acre
and 25.5% royalty on August 4th.
360
Northwest Coalition (Grapevine/Euless) inked $23,500/acre deal with Chesapeake.
Shady
Lane Group (Southlake/Grapevine) agreed to sign with Chesapeake for $22,500/acre.
White Chapel Corridor Group (Southlake)
finalized a deal with Chesapeake for $22,500/acre and 25% royalty and XTO countered with $24,000/acre.
Southlake
East Corridor Coalition finalized an agreement with XTO for $20,000/acre and 25% royalty.
Record signing bonus: Lake Worth Group in Ft. Worth offered $30,000/acre
and 25.25% royalty by Chesapeake on August 5th.
Record
royalty: Great Meadowbrook Task Force in Ft. Worth signed a five year lease for $25,000/acre with
26.5% royalty.