Bounty Minerals, LLC

 

Does anyone have knowledge of Bounty Minerals, LLC ?  According to recorded deeds in Mercer County they have purchased at least 15 properties in the last couple of months. I believe they are a Texas based company.  

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Permalink Reply by OIL FINGER on November 3, 2013 at 3:32pm

FORT WORTH COMPANY that buys older oil and gas royalties.... raised $155 million in equity financing...founded in 2012...JON BRUMLEY principal owner..777 main street ..suite 850....FORT WORTH  TEXAS 76102

Permalink Reply by Gas heir on November 3, 2013 at 4:58pm

Yes, I saw that on the recorder's site. But when I opened the documents, it appears that they are just buying mineral rights. It looks like they are paying around $4500 to $5000 an acre for the mineral deed. Some of the transactions are for just a portion of the landowners acreage. I got a letter from Paragon offering something similar.

Permalink Reply by WTF on November 5, 2013 at 11:03am

Thanks for the info, it saves me a trip to the court house.

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