I received an unsolicited offer to buy my oil and gas rights from Energy Deep Resources. My property is in Sarver. Anyone else been contacted or have any thoughts on the subject?

Views: 1376

Replies to This Discussion

Not from EDR, but I did recieve an offer from CPC of $17,850 per acre. (Forward Twp, Butler Co.)

CPC?

That's considerably more than EDR's offer whish is based on a 12.5% royalty. Also my land is already leased to H&H.

GM,

If you would like to share, what is your royalty %? Recent? Thanks, Lew

12.5

GM,

Is this a recent offer? Is this just for the mineral rights? Ifso, can you pass along a contact #? Thanks, Lew

That sounds really high. It's probably something that you really need to read the fine print on it. Like you get a big offer, but you agree not to get paid. I've got letters, but never pursued them.

Maybe we should pursue them?

Really reading the fine print, that was the offer. Just mineral rights.

Who is CPC?

I saw two replies here offering help to sell my rights. Both were deleted before I could respond. What's a reasonable offer per acre for subsurface oil and gas rights in Butler County?

Why were they deleted?

To answer Tom's response (which was deleted).

My offer was for a well producing unit acreage.

RSS

© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service