I have been approached twice myself regarding this but so far I have decided to let it play out. The numbers I have read range between $14,000-16,000 per acre. I cannot verify the truth of this but these were the numbers mentioned in some articles I've read in the last three months. Perhaps someone else will have a better handle of this.
I live in monroe county , can i ask who approached u twice for sale of minerals? I do have a lease presently. I didn't understand if u sold only royal ., or minerals or both,, thanks
If you sell, you sell mineral rights and any future royalties. Remember though, you can't un-ring the bell. If you sell them you sell them forever.
Buyers are interested in buying your mineral rights so that any future royalties from wells will go to them. I was approached by a law firm in New Philadelphia a few months ago, the name escapes me, and more recently by a company in Fredericksburg called Rural Farms LLC.
I was approached last spring by Nantucket out of Texas. I am in Carroll County, they offered me $7000.00 a acre. While I was considering their offer, the ODNR released the info on the wells that was producing. I received a letter from them telling me that they were withdrawing their offer due to the report. Hope this helps.
Leroy Van Horn, Carroll County Auditor, spoke at a Carroll Concerned Citizens meeting a few months ago and indicated that severed mineral rights were changing hands at roughly $8,000 per acre.
Can't take the money and run, Nantucket already ran out of town.
Thank u for all the info u have shared,, I am going to wait this maybe out, not sure..