The results of the August, 2010, North Dakota state lease sales have been released. Some folks got some very good buys, paying well under $100/acre in much of the state.
However, companies are still willing to pay $6,500/acre for acreage in McKenzie County.
The best prices in Williams County were in the $2,000/acre range.
No acreage was leased in Mountrail County in this go-around.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.