Has anyone been recently contacted about the purchase of your mineral rights or outright buying of land parcels? If so, by whom and when, how much. Thanks in advance
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No and I am surprised how quickly these offers quit coming in the mail. Sort of miss them there were several per week. Maybe we should of looked closer at them.
When were these offerings being made? What kind of numbers? Who?
are you looking to sell or lease?
I may be looking to sell (leased already, not drilled) some of my mineral rights...anyone interested?
shesrushmore - Check your inbox...Thanks
I wouldn't be in a rush to sell those oil and gas rights.
We are still not far into the development stage of the Utica in Trumbull County.
Although BP and Halcon may be taking a turtle like approach it does not mean that full development in the county is far off. In fact, I have heard whispers of other companies looking specifically at northern Mahoning County and Trumbull County. Wheter that means purchasing leases from other companies or joint ventures I can't say.
All I know is that it may be wise to cool your heels a bit longer; otherwise you may regret your decision later. There is no way you will be paid what the future royalties may be worth.
Patience is a virtue, all good things come to those who wait.
What would be a fair price for mineral rights in the middle of Trumbull? Low to high end price. Any thoughts?
Good luck getting a "fair" answer to that question. Lets ask Snort - see what he thinks.
Fair? Or what you can expect to receive right now ?
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