Royalties in Harrison Co.

 Royalty amounts started out at 692.00 per acre per month 4 months ago. Its down to 153.00 per acre per month.Thats 1/8 on 2 horizontals.

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Permalink Reply by Nancy LeNau on January 29, 2014 at 8:59pm

Marcus, Aren't most of the minerals that are sold are being bought up by other Country's.  China, Japan, Thailand.....  I read something about this but it has been a while ago.   Just wondering your thoughts ?  Thanks in advance for your reply.  Please, Refresh my memory.

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on January 29, 2014 at 10:47pm

It's a global economy, so the money is coming from everywhere.  Institutional investors, hedge funds, private equity, you name it.

Permalink Reply by Paul Butler on October 27, 2015 at 2:38pm

Note what I predicted nearly two years ago.

Ray Charles could have seen this coming.  Stevie Wonder too!

Permalink Reply by TM on January 28, 2014 at 1:54pm
Bill how many acres do you have in the unit?
Permalink Reply by Bill DeVore on January 29, 2014 at 8:34am

I have 39 acres in the unit.

Permalink Reply by Bill DeVore on January 27, 2014 at 6:12pm
I appreciate the feedback. Time will tell.
Permalink Reply by J L on January 27, 2014 at 1:50pm

Bill - are you able to share what your rate per month by month has been since production started?

Permalink Reply by Bill DeVore on January 27, 2014 at 5:47pm
Volume is down but it's very difficult to understand what they give you to say how much .
Permalink Reply by Tree Farmer on January 27, 2014 at 9:42pm

Yikes, my 35 year old clinton wells are paying better than that.

Permalink Reply by Paul Butler on January 28, 2014 at 9:32am

The Greater Fool Theory is writ large in the minerals market.

Permalink Reply by Paul Butler on January 28, 2014 at 9:39am

The Greater Fool Strategy has its fingerprints all over the minerals market.  It's writ large. Indeed.

Permalink Reply by Josh on January 28, 2014 at 9:43am

they probably choked them back? once infra is in place they will be able to open back up.  that is good news to us harrison cty landowners!

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