Fortress Management LLC has published an alert on their website that they do have a written offer from Chesapeake Energy through Okki Industries LLC. Okki Industries authorized Fortress to solicit leases for Chesapeake.
A copy of an email to Fortress from Okki is linked, authorizing them on behalf of Chesapeake to offer leases at $24,000 per acre and 1/4 royalty on a 5 year lease. This offer applies to about 1,500 acres that Fortress is working. Read the entire alert and the email by clicking on the link.
Fortress Management – Okki Industries email