You're right about that! I have some hbp minerals in western guernsey that I sold a portion of. If it is not a good idea to sell mineral rights then why do oil and gas companies buy and sell them everyday? Not everyone's minerals…"
Is this a utica unit? I'm surprised they haven't been offered if it is. Just to clarify when you say 5000/acre for 50% are you saying if they own 400 acres they would get 1 million for half or 2 million for half? If your answer is 2…"
Unfortunately they do not put the price per acre on the deed. They will put $10 and other valuable consideration. This is the same language found in leases. It seems to be common practice. My relatives were paid $5000/acre for 1/2 of their…"
"Relatives of mine were paid 5k/acre for minerals in Harrison county stock tonship. They were leased at 1/8 to cavalier (sold to chk). They were paid over $500,000.00 for 1/2 of their minerals. The money is real if you deal with the right company."
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]