UPDATE 4-5-2022  - Ironhead Resources II, LLC reached back out to me - less than one month after I said I would wait to sign.

(A) Primary Lease for 5 years - is a ONE time Payment of $1,000 per acre that covers 1-5 years, if reupped in year 6 it is a ONE time payment of $1,500 per acre that covers years 6-8.

Royalty is 16% without deduction

No surface operations - no well shall be drilled on the Leased Premises.

They came back with the offer I originally requested. As a result, I am going to sign with them.

Remember - everyone's situation is different. I waited to sign and did get a better offer. If they do drill one day - I will let you know what happens. In the meantime, the proceeds from this contract will easily cover the Taxes and Up Keep of the property.

Keep posting your experiences.

Update KWDG negotiating 2250 per , 3 year , 3 yr option at 2500 , 18% gross. Landmen , Garza from ironhead speaks out of the side of his mouth. Said 2000 max 18% sent contract at 2k but 12.5% NET . Stay with kwdg inny opinion.

Is anyone still following this group?

My land is in Millwood Twp outside of Salesville & I am getting frequent solicitations (more than usual) to buy my land and or buy my mineral rights.

I am not interested in either but I am wondering if they know something that I don't know as far as a new well coming online or expansion of one one of the nearby wells etc.

Any intel would be appreciated!