Just curious, you say you "don't need to sell anything right now to pay bills", in that case why would you want to sell 50% of your O&G rights? My thoughts are that you would be far better off in the long run by…"
Hello I have never had any luck in getting Wheelage on a ROW. I didn't really try very hard because of the tax implications to my understanding rental income is regular income and the one time payment for the actual easement is considered Capitol gains and taxed at 15 percent.
Just remember ROW are very hard and just depends how bad they need you're property etc.
Wrangler, not sure your situation but if you have a old lease with Oxford fixing to expire I can explain what all I went through and where I ended up. My lease was to expire next week on 109 acres with them and I ended up signing a fair deal with them last week. I am going to give you my cell number if you want to talk..........330.284.4517.......Frank
What makes this site so great? Well, I think it's the fact that, quite frankly, we all have a lot at stake in this thing they call shale. But beyond that, this site is made up of individuals who have worked hard for that little yard we call home. Or, that farm on which blood, sweat and tears have fallen.[ Read More ]