Landowner

Buying mineral rights on leased acreage

I am in western Mahoning county and recently had a company offer to buy my mineral rights for 1500.00 an acre. They know the property is already under lease and has two producing clinton wells on it. What is the benefit to them to buy the mineral rights?

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LandownerPermalink Reply by Jack on September 29, 2011 at 2:32pm
The lease was signed in 1978. No mention of depth. I hope my land get pooled into acreage being drilled

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