Barbara Toot
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Purchasing of mineral rights

Started this discussion. Last reply by carp Nov 9, 2018. 9 Replies

I have recently been offered the purchase of 43 acres of mineral rights for $25,000. I live in Ohio (Carroll County) with mineral rights on 3 Clinton wells...one capped and the other two in very low…Continue

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carp replied to Barbara Toot's discussion 'Purchasing of mineral rights'
"I thought that's what you were saying and I wish you nothing but good luck. :)"
Nov 9, 2018
Bullfrex replied to Barbara Toot's discussion 'Purchasing of mineral rights'
"Please excuse me if I missed something. It appears as though she is trying to sell 50% of the OGM rights only, as the other 50% are owned by Gateway Royalties. I will assume these are undivided rights, which means no owns a particular 43 acres,…"
Nov 9, 2018
Barbara Toot replied to Barbara Toot's discussion 'Purchasing of mineral rights'
"She is actually wanting to sell to me. I have an attorney doing a title search right now to find out details of the mineral rights."
Nov 9, 2018
carp replied to Barbara Toot's discussion 'Purchasing of mineral rights'
"From what I'm getting, she has the opportunity to buy these not sell them. If that's the case I'm sure they are worth that and more, just be sure the deep and shallow rights haven't been separated? You don't want to buy just…"
Nov 8, 2018
Inchworm antenna replied to Barbara Toot's discussion 'Purchasing of mineral rights'
"unless you are desperate a bad move to sell your Oil and gas rights for just that amount. Encino says they want to drill.  we have several more gas power plant plants in the works and there is the huge Shell Cracker plant and another in…"
Nov 7, 2018
Barbara Toot replied to Barbara Toot's discussion 'Purchasing of mineral rights'
"Do you know a timeframe on this?"
Nov 7, 2018
Barbara Toot replied to Barbara Toot's discussion 'Purchasing of mineral rights'
"It is actually my neighbor who has since moved away. She is selling 84 acres but sold 50% of royalties to Gateway Royalties a yr or so ago."
Nov 7, 2018
bo boboski replied to Barbara Toot's discussion 'Purchasing of mineral rights'
"It's all about whether or not Encino ,who bought Chesapeake, will be drilling . Last I read about them is they plan on having multiple rigs running."
Nov 7, 2018
Barbara Toot posted a discussion

Purchasing of mineral rights

I have recently been offered the purchase of 43 acres of mineral rights for $25,000. I live in Ohio (Carroll County) with mineral rights on 3 Clinton wells...one capped and the other two in very low production.  I am tossing up whether to purchase these mineral rights. It would be a no brainer if I knew oil and gas drilling would be returning to my area but I am uncertain if this is going to happen and unsure if I want to waste $25,000 when I could be using this for something else right now. …See More
Nov 7, 2018
ADMIN_Annafaith Mauck left a comment for Barbara Toot
"Welcome Barbara. My name is Annafaith and I'm the site moderator and married to the founder, Keith Mauck. He started this site 8 years ago because we are landowners in the Haynesville in Louisiana. We have 3 kids under 12 and O&G is a…"
Nov 7, 2018
Barbara Toot and ADMIN_Annafaith Mauck are now friends
Nov 7, 2018
Barbara Toot is now a member of GoMarcellusShale.com
Nov 7, 2018

Profile Information

Introduce Yourself
Hi Im Barb Toot....
What is your role?
Landowner
Website:
http://stumon13@aol.com
Which state(s) are you following?
Ohio
What shale plays do you follow?
Marcellus, Utica

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At 1:42pm on November 7, 2018, ADMIN_Annafaith Mauck said…

Welcome Barbara.

My name is Annafaith and I'm the site moderator and married to the founder, Keith Mauck. He started this site 8 years ago because we are landowners in the Haynesville in Louisiana. We have 3 kids under 12 and O&G is a family affair!

What specifically brings you here? 

Hope you find the sites helpful and friendly. Let me know if you need anything.

Welcome!
AfM

 
 
 

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