CONTRACTPENDING

Rosewood Resources Proposes Oil and Gas Lease

Disclosed value: $600 per net mineral acre; From agenda
Document date: Oct 4, 2023
Term: 3 years

What it covers

Rosewood Resources proposes an oil and gas lease for 21.936 acres in Fayette County, offering a $600 bonus per net mineral acre for a 3-year primary term, with a 22.5% royalty. An option exists to extend the lease for an additional 2 years at $400 per net mineral acre.

Who holds it

Rosewood Resources holds this lease contract with Flatonia Housing Authority. Its other public contracts on record include work for Balance of Fayette County and DeWitt County.

What happens next

Term as filed: 3 years.

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Contract details

Contract type: Lease
Amount: $600 per net mineral acre
Document date: October 4, 2023
Term: 3 years
Vendor: Rosewood Resources
Agency: Flatonia Housing Authority
Source document: city-of-flatonia-regular-city-council-meeting-agenda-october-4-2023_836.pdf (Agenda)

Rosewood Resources's other public contracts

Balance of Fayette County, TexasFayette County Accepts $358 Bonus Payment · Nov 14, 2024$358 Balance of Fayette County, TexasRosewood Resources Approved for Overweight Loads Transport · Jul 25, 2024Undisclosed Balance of Fayette County, TexasRosewood Resources approved for road use agreement. · Jul 25, 2024Undisclosed DeWitt County, TexasDivision Order with Rosewood Resources Approved · Mar 11, 2024Undisclosed Flatonia Housing Authority, TexasRosewood Resources oil and gas lease approved · Oct 4, 2023Undisclosed All Rosewood Resources contractsVendor profile

More Flatonia Housing Authority contracts

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Questions about this contract

Who was awarded the lease contract by Flatonia Housing Authority?

Rosewood Resources was awarded this lease contract by Flatonia Housing Authority, as recorded on October 4, 2023. The contract value is $600 per net mineral acre.

How much is the Rosewood Resources contract with Flatonia Housing Authority worth?

The Rosewood Resources contract with Flatonia Housing Authority is valued at $600 per net mineral acre, covering lease work.

What type of contract is this?

This is a Lease contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-flatonia-regular-city-council-meeting-agenda-october-4-2023_836.pdf (Agenda), dated October 4, 2023 from Flatonia Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Rosewood Resources hold?

Rosewood Resources may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Flatonia Housing Authority currently buying?

Explore Flatonia Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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