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Susan A Tippel
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Susan A Tippel's Discussions
Westhawk Minerals
30 Replies
Hello,I signed with Shell last year. Now I got a letter from Westhawk MInerals offering $3,000 an acre for my mineral right. I must admit it is a little bit tempting since I do not know if I am…Continue
Started this discussion. Last reply by Susan A Tippel Apr 17.
Westhawk Minerals
Hello,I signed with Shell last year. Now I got a letter from Westhawk MInerals offering $3,000 an acre for my mineral right. I must admit it is a little bit tempting since I do not know if I am…Continue
Started May 6, 2012
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Susan A Tippel replied to Susan A Tippel's discussion 'Westhawk Minerals'"Yes, for 31/2 more years."
Matt N replied to Susan A Tippel's discussion 'Westhawk Minerals'"Are you still signed with Shell?
"
karen smith replied to Susan A Tippel's discussion 'Westhawk Minerals'"this is the link to westhawk
www.westhawkllc.com"
Baldeagle replied to Susan A Tippel's discussion 'Westhawk Minerals'"Hi Susan. I would pay you $4K for your minerals in Londonderry Twp, if you ever decide to. If not, no biggy. That area should be pretty good. "
Marcus Grayson replied to Susan A Tippel's discussion 'Westhawk Minerals'"Not sure what numbers they're working off of, Fang. I'm sure that they have made estimates based on the thin information available."
Olive Sue replied to Susan A Tippel's discussion 'Westhawk Minerals'"We see offers everyday for buying of mineral rights. Understand this, selling those rights are for eternity! Last deal, last dollar except for your acreage and worse yet those who own will negotitate all leases hereafter and those may be…"
rmc replied to Susan A Tippel's discussion 'Westhawk Minerals'"Careful Marcus I don't believe that Mr Fang is you're average Joe he may be leading you somewhere you don't want to go."
Fang F Fang replied to Susan A Tippel's discussion 'Westhawk Minerals'"Marcus,
All great points, and I don't necessarily disagree. But aren't the folks offering to buy working off the same numbers?"
Marcus Grayson replied to Susan A Tippel's discussion 'Westhawk Minerals'"10 years? 20% more than it's worth for three years. Maybe. I don't know. What I do know is that the market place has set the price threshold based on what they have learned thus far. These things may not last…"
Marcus Grayson replied to Susan A Tippel's discussion 'Westhawk Minerals'"So what you're saying is based on a number of unquantifiable assumptions a royalty may be worth such a number? Sorry Oliver, I live in the real world and none of this set until there in fact are multiple wells being drilled.…"
Fang F Fang replied to Susan A Tippel's discussion 'Westhawk Minerals'"Marcus,
I should have asked what you believe one acre of royalties would be worth over ten years?"
Oliver Perry replied to Susan A Tippel's discussion 'Westhawk Minerals'"Drilling multiple formations from the same pad is being done right now by Shell in northwest Butler County, PA. They are targeting the Burket, Marcellus, & Utica Shales from the Halterlein Pad in Mercer Township, I attached the well plats.
I…"
Fang F Fang replied to Susan A Tippel's discussion 'Westhawk Minerals'"Marcus,
Considering that there will be multiple wells per pad, and some areas multiple producing formations I actually believe the figures are quite conservative.
"
Marcus Grayson replied to Susan A Tippel's discussion 'Westhawk Minerals'"Can you cite the math used to arrive at the $50,000-100,000 figure? They're worth more than the amount offered, certainly, but that seems like a pretty unreasonable number. "
TM replied to Susan A Tippel's discussion 'Westhawk Minerals'"I would never sell my minerals. I think most people forget that other formations may be produced from in the future. I guess These amounts that are offered per acre are peanuts compared to years of royalty money. I truly believe in the future there…"
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