Gilmore Township- Received an Offer to buy Mineral Rights - GoMarcellusShale.com2024-03-29T06:35:01Zhttps://gomarcellusshale.com/forum/topics/gilmore-township-received-an-offer-to-buy-mineral-rights?groupUrl=greene_county_marcellus&commentId=2274639%3AComment%3A699642&groupId=2274639%3AGroup%3A11442&feed=yes&xn_auth=noHi Christine--it might be a l…tag:gomarcellusshale.com,2015-10-05:2274639:Comment:6996422015-10-05T21:43:28.784ZJason Cooperhttps://gomarcellusshale.com/profile/JasonCooper622
<p>Hi Christine--it might be a little low but you've also got to remember you're <em>probably</em> under a 12.5% lease which limits the amount of royalty revenues your mineral interest will generate. Before your lease can be unitized, EQT will likely have to approach you about amending your old lease to allow for unitization. This might be an opportunity for you to renegotiate your royalty. It might be a long shot, but definitely worth trying for. That's what I'd try first anyways. If…</p>
<p>Hi Christine--it might be a little low but you've also got to remember you're <em>probably</em> under a 12.5% lease which limits the amount of royalty revenues your mineral interest will generate. Before your lease can be unitized, EQT will likely have to approach you about amending your old lease to allow for unitization. This might be an opportunity for you to renegotiate your royalty. It might be a long shot, but definitely worth trying for. That's what I'd try first anyways. If you're intent on selling now, shoot me a PM. I'd be happy to look into it in more detail. </p>
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