L. Gilmore
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Drilling in Tyler Co., WV

Started this discussion. Last reply by Paul McMahan Aug 27. 3 Replies

We live in NC and have property in Tyler Co. so sort of out of the loop. We've leased with Antero. Any drilling done by this company? They seem ok, but keep asking us about selling our mineral…Continue

Antero offering to buy mineral rights

Started this discussion. Last reply by L. Gilmore Nov 21. 55 Replies

Has anyone received correspondence from Antero about the company wanting to buy your mineral rights?

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Latest Activity

L. Gilmore replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"Mistake to sell you mean?"
Nov 21
Barbara McIntyre Ray replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"Mistake."
Nov 21
shesrushmore replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"Have you tried any other companies or just gonna hold?"
Nov 19
Barbara McIntyre Ray replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"will get in touch soon--or message me.  New program, since our computer "died".  Phone # 903-235-7388"
Nov 19
Jonathan Blair replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"Inchworm antenna, you are correct. Have done this multiple times!"
Nov 19
Inchworm antenna replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"It's also magical for the buyer the well should last much much longer than 5 years, and then there's the possibility for additional formations.  I always say....if you need to see, find a local landowner who is already getting…"
Nov 19
shesrushmore replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"If people wish to sell why not just sell half of the minerals if cash is what some are looking for? Oil and gas is definitely a long game. There are lease holds from the 1800 that still arent producing. Let that sink in"
Nov 19
L. Gilmore replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"That's what my husband is thinking bo boboski. Who knows though. I'm just getting frustrated with the whole thing."
Nov 19
bo boboski replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"Sorry to butt in; but it may be this is what the oil&gas co.s are up to. Keep short changing royalty owners to the point of it looking like it may be better just to sell the rights now. Then they can open up the choke and cash in ALL the money!"
Nov 19
Roger May replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"William Dotson,  that sounds about right.  $137.93 per month or ~$1655 per year.  Over 5 years (and assuming no decline curve-which is a bad assumption mind you) that comes out to $8275 over 5 years.  Taxed at 30%, you get…"
Nov 19
John Williams replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"You should look into selling your minerals only .  If they offer you 7200 , shoot for 8k a acre. After your land is added to a unit, they will take such big deductions , it will take years or a life time trying to get 320k back.  Just make…"
Nov 12
William Dotson replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"Once you put the minerals in your name, Tyler Co. will tax the property. They use a minimum value of $200 and at that valuation you would pay $4.74/yr. Then you are taxed on production by the county as well. Basically, they use the production to put…"
Nov 12
Roger May replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"I dont think I'm supposed to promote anyone or anything on this thread, but you might want to reach out to me may.roger@yahoo.com"
Nov 12
Barbara McIntyre Ray replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"Yes, I own 6 acres in a 36 acre plot, in Tyler County. Antero offered $2,000 bonus and 18 % on royalties. I have not closed"
Nov 12
Barbara McIntyre Ray replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"Yes, I own 6 acres in a 36 acre plot, in Tyler County. Antero offered $2,000 bonus and 18 % on royalties. I have not closed"
Nov 12
L. Gilmore replied to L. Gilmore's discussion 'Antero offering to buy mineral rights'
"Thanks for this information. We've had a couple of other companies contact us too. Pikewood out of Morgantown and Alpine Energy I believe out of Pittsburgh. Antero said that $7200 is their highest offer. We live in NC so kind of out of the loop."
Nov 12

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Introduce Yourself
Mineral rights owner
What is your role?
Landowner
Which state(s) are you following?
West Virginia
What shale plays do you follow?
Marcellus

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At 1:17am on August 31, 2018, Brent Morehead said…
Not bad for 40 acres. All formations? Whereabouts?
 
 
 

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