I have been hearing of companys offering $12000, $13000 even $15000/ acre to buy mineral rights. So far I haven't been able to find out who is making these offers. If you've received an offer in this range could you please tell me who made it? Thanks.
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arminius, how much less on the 20 year deal? Does it revert back after 20 even if it is producing royalty?
Finnbear,
I only know the general outline of what was being offered with the highest price attached to an outright sale and lesser amounts for other options. As he had just received their offer, he had yet to understand the specifics of the other options.
Katie, he had a 20% royalty interest.
We'd be very interested in those details if you'd be willing to dig a bit further...
I have only 3.34 acres in Madison Twnp Guernsey county thinking about selling mineral rights.It is unleased last offer to lease was from Carrizo for 5500 an acre, but think will sell instead, the ones that are buying mineral right are they only wanting large parcels or small ones too?? Anyone know?
Thanks.....good to see offers are still going up. My last was 14,600 end of Nov.
Flat iron and keystone buckeye energy. Scouts a good one to look at also.
Thank you Evan i will!!
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