Landowner

Antero offering to buy mineral rights

Has anyone received correspondence from Antero about the company wanting to buy your mineral rights?

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LandownerPermalink Reply by L. Gilmore on November 5, 2018 at 6:29am
Yes, I think so. I am sure they probably would. We chose not to because once you sell them, you will not collect any royalties from any drilling they may do. That could potentially add up to more than their offer to buy you out.

LandownerPermalink Reply by L. Gilmore on November 6, 2018 at 4:40am
Pikewood has contacted us too.
Permalink Reply by shesrushmore on November 6, 2018 at 4:41am

What did pikewood offer?


LandownerPermalink Reply by L. Gilmore on November 6, 2018 at 4:41am
40 acres

LandownerPermalink Reply by L. Gilmore on November 6, 2018 at 4:43am
Haven't responded back to them.
Permalink Reply by shesrushmore on November 6, 2018 at 4:46am

Oh ok, I have heard of the company but haven't heard of any closings by folks I encountered. Good luck!


LandownerPermalink Reply by L. Gilmore on November 6, 2018 at 5:00am
They have called us too. My husband has not called them back.
Permalink Reply by shesrushmore on November 6, 2018 at 7:55am

yall just have no interest in selling at the moment or want to hold out to see if pricing changes? In PA our prices changes so much in both directions lol


LandownerPermalink Reply by L. Gilmore on November 7, 2018 at 3:46am
Yes, we'll hold on to them for a while. I inherited the property, also grew up there.

LandownerPermalink Reply by bo boboski on November 6, 2018 at 8:18am

I'd say; show me the money, and make it worth my while!

Permalink Reply by shesrushmore on November 6, 2018 at 8:24am

haha for sure. There are some reputable companys out there just have to have patience they will find you if selling i what you want to do.


LandownerPermalink Reply by L. Gilmore on November 6, 2018 at 8:40am
Yeah well they need to offer more than what they have offered. ($7200 an acre) We think that there is a good amount of minerals down there and we'll just keep on leasing. My dad passed in 1999 and I am pretty sure he would not have sold out.

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