Ashtabula County...Mineral Rights...Sell or Keep? - GoMarcellusShale.com2024-03-29T07:47:50Zhttps://gomarcellusshale.com/forum/topics/ashtabula-county-mineral-rghts-sell-or-keep?commentId=2274639%3AComment%3A800766&feed=yes&xn_auth=noThx.
The key factor I think i…tag:gomarcellusshale.com,2019-05-30:2274639:Comment:8007662019-05-30T12:11:13.112ZBill Simpsonhttps://gomarcellusshale.com/profile/BillSimpson
<p>Thx.</p>
<p>The key factor I think is what will happen down the road regarding if the area would ever get drilled. The mineral right value now is probably very minimal but should anything positive come our way then the $ rights would greatly increase. I am leaning more to keeping the rights should I sell and just ride it out.</p>
<p>Kinda flip of the coin process.</p>
<p>Thx.</p>
<p>The key factor I think is what will happen down the road regarding if the area would ever get drilled. The mineral right value now is probably very minimal but should anything positive come our way then the $ rights would greatly increase. I am leaning more to keeping the rights should I sell and just ride it out.</p>
<p>Kinda flip of the coin process.</p> Have you had the OGM rights a…tag:gomarcellusshale.com,2019-05-29:2274639:Comment:8005682019-05-29T23:54:08.890ZBullfrexhttps://gomarcellusshale.com/profile/delmardave
<p>Have you had the OGM rights appraised? There are many practitioners in this field. I do not know the cost, but if it is minimal it might be worth it to establish a baseline value to use going forward.</p>
<p>You also could sell the surface, retain the OGMs and sell them at a later date, or as G.H. suggested, sell a portion of them. That will keep you around for a bit longer, in case things start to happen.</p>
<p>Have you had the OGM rights appraised? There are many practitioners in this field. I do not know the cost, but if it is minimal it might be worth it to establish a baseline value to use going forward.</p>
<p>You also could sell the surface, retain the OGMs and sell them at a later date, or as G.H. suggested, sell a portion of them. That will keep you around for a bit longer, in case things start to happen.</p> Just depends on how much mone…tag:gomarcellusshale.com,2019-05-28:2274639:Comment:8004352019-05-28T15:27:05.377ZG.H.https://gomarcellusshale.com/profile/GH930
<p>Just depends on how much money you'd have to give up to retain the mineral rights. In that area, based on current information, I personally would not give up too much money to retain the rights there. But I know many on this board have different opinions.</p>
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<p>You can always retain half and sell half with the property. Probably wouldn't take much of a financial hit that way.</p>
<p>Just depends on how much money you'd have to give up to retain the mineral rights. In that area, based on current information, I personally would not give up too much money to retain the rights there. But I know many on this board have different opinions.</p>
<p></p>
<p>You can always retain half and sell half with the property. Probably wouldn't take much of a financial hit that way.</p>