Leesville Wildlife Area oil and gas lease awarded to Encino
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Description
At its March 28, 2025 meeting, the Oil and Gas Land Management Commission awarded the lease for Leesville Wildlife Area in Carroll County to Encino Acquisition Partners Ohio, LLC. The contract features $3,500 per acre ($218,715 total), a 1/8 royalty on production, and a 5.5% additional economic incentive.
Contract Details
Contract Amount
$3,500/acre ($218,715) + 1/8 royalty on production + 5.5% Additional Economic Incentive
Vendor
ENCINO ACQUISITION PARTNERS OHIO LLC
Agency
Ohio Department of Natural Resources, OH
Contract Type
OTHER
Document Date
March 28, 2025
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