for this amount of people and money.. I'm looking for a corporate lease as well fellas! In all seriousness though leases have gone crazy over the last 10 years. I see a price correction this year or a lot of land going without hunters this year due to the economy.. better get with it ranchers.
They said the same thing in the early 80's when the same oil boom and bust hit. Leases in STX were $4/acre within the next 5 yrs they weree $6/acre. The said the samething in the 90's and lease price rose higher. Now they are $10-15/acre or more. Great leases are still going to be at a premium. Nothing wrong with a person getting a fair price for a great place.