Have you received an offer to buy your minerals? What State/County/Township are you in?

I'm in Ohio/Noble/Marion and continue to receive offers.  14 so far by mail, and another arrived yesterday.  Post your information and I'll draw a map of "mineral interest".    Have your offers increased, remained constant, or stopped coming?  Just curious, and it might be fun.  Thanks.

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Permalink Reply by scott peterson on May 23, 2013 at 4:59am

Forgot to say the offer was for 8,500 leased.

Permalink Reply by The Hiker on May 19, 2013 at 1:06pm

Busy Bee:   What Township are you in?   Monroe, North, Rumley, German?  Those are the Northern Townships of Harrison County.   Are you close to Bowerston, Scio, Jewett....?  

I'm drawing a map of offers and am curious where the offers are concentrated/what "window" they are in...that kind of thing.   One might guess that the guys making the offers might have better information about the "sweet spots" than we mere mortals do, since they are closer to the industry and are investing some real $$$.    Thanks to everyone who is participating.  It's already getting interesting, and the more data points, the more complete the picture becomes.  900+ views so far.  If you are reading GMS and haven't registered.....  please register and participate.  Let me know if you have or haven't got an offer.

Permalink Reply by Mark Yurina on May 21, 2013 at 4:06am

Ohio/Belmont/Somerset twp.

I can't remember the name of the firm initiating the offer, but the terms stated $5,000.00/acre up to $8,000.00/acre. I think based on the NGL production rates as well as the natural gas (with~ 1250-70 btu content) rates coming out of my area this is a rather laughable offer. 

Permalink Reply by Larry Lagut on May 24, 2013 at 5:38am

I  own some land in Parker Twp, Butler County in Pa. And I received aleast three offer for my oil rights on my land Since my lease is about to run out in Aug. But I received one today that has the same thing as the rest , asking for me if I was  interest in selling my rights. The only thing different with and it got my interest is this one they mention Life Estate in which I would maintain possession of my  land  till I die at they could have ownership of all or parts of it Has anybody out their heard of this. In my situation I basicly have no heirs for my land so when I die either the state or cousin get it. Has anybody have and dealing with this kind of thing.

Permalink Reply by Nicholas P. Sciotti on May 28, 2013 at 4:51am

Larry,

Yes. I have a number of clients who have constructed deals this way and would be more than happy to walk you through what it looks like, what it'll mean to you, and how you/they will benefit from the arrangement. In some situations they certainly make sense, but it's definitely something this is custom to each individual situaiton. It sounds like you're already thinking about the right things but I still think it'd be better to chat or e-mail about it if you're interested.

Permalink Reply by Mark Yurina on June 4, 2013 at 4:06am

Strategic Land Partners LLC out of Allison Park Pennsylvania. Offer is up to 8500/acre...minimum 10 acres.

Permalink Reply by Busy Bee on May 19, 2013 at 3:09pm
I am between the Buell and the Henderson well fairly close to lower clear fork . I hope this helps .
Permalink Reply by The Hiker on May 20, 2013 at 1:34am

Good enough.   The Buell is in Archer and the Henderson is next door in Stock.  Appreciate the info.

Permalink Reply by Paul Martinelli on May 20, 2013 at 2:11am

Ohio/Tusc./Goshen...$3500

Permalink Reply by Booger on May 20, 2013 at 10:11am

Hiker - got a ton of letters last year but i burned them.....dont recall exact offers but nothing spectacular....stock/nottingham border, harrison.

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on May 20, 2013 at 10:16am

That's a great area.  The offers are likely to be very high at this point.

Permalink Reply by Booger on May 20, 2013 at 2:53pm

agreed.........very close to the boyscout.......maybe i will seek some offers and see what they come back with........i have some leased, some unleased.

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