In Search of Black Gold

If you own some acreage in the area, no doubt you’ve probably been approached about leasing your ground for oil exploration. If not, you may be hit up very soon. With energy a current, nationwide concern, the search for new wells is on-going.

Here’s a good piece from Purdue, which discusses many of the aspects related to oil leases: http://www.ces.purdue.edu/extmedia/EC/EC-564.pdf It’s aimed at ‘what you need to know’ before you sign the lease… but has good information for even those that may have already signed on the dotted line.