Have you received an offer to buy your minerals? What State/County/Township are you in?

I'm in Ohio/Noble/Marion and continue to receive offers.  14 so far by mail, and another arrived yesterday.  Post your information and I'll draw a map of "mineral interest".    Have your offers increased, remained constant, or stopped coming?  Just curious, and it might be fun.  Thanks.

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Permalink Reply by scott peterson on May 28, 2013 at 7:23am

LL&B Minerals offered me 9,000 on my leased acreage in Millwood Twp, Guernsey County.

Permalink Reply by Nicholas P. Sciotti on May 28, 2013 at 8:14am

What percentage ownership were they assuming with that offer, Scott?

 

One of our clients is very close to your location and has received an offer from LL&B but it was only about 70% of your offer..

Permalink Reply by scott peterson on May 28, 2013 at 8:18am

They want 100% ownership of my minerals and I have 140 acres leased with Gulfport. Offer was $9,000 per acre.

Permalink Reply by Nicholas P. Sciotti on May 28, 2013 at 8:24am

How many acres were they willing to pay $9,000 for and were the 140 acres included in the offer or was it in addition to the 140 you have leased?

Permalink Reply by scott peterson on May 28, 2013 at 8:31am

The whole 140 was included in the offer & that is my entire acreage.

Permalink Reply by bo boboski on May 28, 2013 at 9:02am

May I ask what part of Millwood twp.?  Cant find your acreage on the Guernsey co. Parcel viewer. Is Scott Peterson your Screen name? Or did your recently purchase the property and maybe they haven't updated the map?

Permalink Reply by scott peterson on May 28, 2013 at 9:04am

PM me Bo. Screen name to keep the sharks out of my pond.

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on May 28, 2013 at 9:06am

What made you choose Scott Peterson as a screen name?  I'm curious because of the, you know, wife murdering thing. 

Permalink Reply by scott peterson on May 28, 2013 at 9:08am

Haha i never even thought of that actually. Sounded better than smith or jones i guess.

0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on May 28, 2013 at 9:39am

It is indeed better than some of the other choices out there.

Permalink Reply by Nicholas P. Sciotti on May 28, 2013 at 9:40am

I see. Well it sounds like it was a comptetive offer to say the least but that must mean your land had a more robust set of mineral rights than the standard O&G. One more question is, are there any other deposits (i.e. Timber, "shale oil" (this one is a little newer and something some of the firms aren't even disclosing) etc..)?

Permalink Reply by evan on May 28, 2013 at 1:01pm

Hey bo how does the parcel viewer thing work. 

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