"Correct, it is hard to know exactly what you could get for it without actually knowing what you own, but a price of $2500 per acre seems low. The 30 days could be a pressure tactic, but it could also be because the company would want to…"
"David, I don't really disagree with your points of view. I agree, with the caveats that sure money today is worth more to some people than "maybe" money in the next few decades, there is always a slight chance that your property…"
"I agree with you Deutchen, to not even consider selling (for the right price) is, to me, foolish. If you consider it and then come to the conclusion that it's not for you, then that is one thing. Tossing aside a GOOD offer without…"
"It's common to add an addendum to amend the royalty. I believe it's so that they don't have to go through and change the full document every time. They are proposing to pay you 15%. There are usually two options,…"
"As others have said, yes, you can do it. If the original lease is still in effect it will be considered a top lease, to take effect when the original lease has expired. The question is whether the underlying lease/original lease is still…"
"Sounds like you got a pretty good deal! I am hoping to get an offer soon in Hanover twp.Washington county Pa. It seems as if activity is on the upswing in our area. It is not very far to Jefferson county Ohio either.It is strange how companies do…"
" Finally got our lease worked out. 6250 per acre bonus with 20% royalties and no deductions from the royalty checks. Lots of land protection for my family. With Ascent. Jefferson county,Cross Creek. Thanks for all the help GMS."
"I've always said that if you are on the fence about selling your minerals that selling a portion is a very good option. You get a nice chunk of money now and you also get some royalties if and when a well is drilled. You could also…"
"Yeah, pretty sure Obama was not a socialist. Name calling doesn't really add anything to an intelligent conversation. If you really get to keep "a lot" more of your royalties then you must be making a ton of money, good…"
"Hmm, fake news? I wish we could all stop regurgitating the president's "fake news" line and look at things objectively. I looked at Wikipedia real quick (I know, anyone can edit it, burn me at the stake now), it states…"
"There's probably a clause in the contract that you signed that says the property has to pass a title check. If another company has a shallow well, that shallow well most likely holds all depths of the property under a lease. If that…"
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 ]