Thursday, October 21, 2010

Uneventful October Lease Sale

The monthly state of Louisiana lease sale yielded some pretty unimpressive results.  Generally the parcels were small and not all were in existing Haynesville Shale units, so the action was pretty mild.  The average lease bonus in the Haynesville region was $3,714 per acre.  Weighting the average by lease size, the average was $4,115 per acre.

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