Offered 7000.00 a acre for fifty acres in Monroe. One shallow well on site. Land is leased. I think this is a bone being thrown to see if we will bite. But we are inexperianced.Reading others it seems kind of low but I am confused. Anyone who could shed a little light on this would be great. Screwed up with the original lease due to being naive trying to not do it twice. Thinking of getting a lawyer involved to watch out for us but not sure of that either..

Hello MineralBuyer,

I would love more information on this process as we are confident we've not properly educated ourselves during this process.  I know we've left money on the table both in signing our initial lease, and then later on in selling a portion of our property to the local coal company.  

We now own about 23 acres of land in Washington, Twp in Belmont County, Ohio.  We signed a lease that has since been assigned to Gulfport energy.  Currently leased till 12/2015 @ 15.5% royalty.