Mineral Rights

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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Replies to This Discussion

Permalink Reply by Robert Bond on March 24, 2014 at 4:27am

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.

Permalink Reply by MJ on March 24, 2014 at 5:17am

When were these offerings being made?  What kind of numbers? Who?

Permalink Reply by shesrushmore on March 27, 2014 at 3:17am

are you looking to sell or lease?

Permalink Reply by tomvargo706 on March 29, 2014 at 12:30pm

I may be looking to sell (leased already, not drilled) some of my mineral rights...anyone interested?

Permalink Reply by shesrushmore on March 30, 2014 at 8:27am
Hi
I maybe interested in purchasing 50% of your minerals.
Permalink Reply by tomvargo706 on April 3, 2014 at 7:49am

 shesrushmore - Check your inbox...Thanks

Permalink Reply by Mark McGrail on March 30, 2014 at 8:19am

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.

Permalink Reply by john p halloran on March 30, 2014 at 9:59am
They aren't going to drill until infrastructure is in place,and they are working on that.
Permalink Reply by tomvargo706 on April 1, 2014 at 4:25am

What would be a fair price for mineral rights in the middle of Trumbull? Low to high end price. Any thoughts?

Permalink Reply by MJ on April 1, 2014 at 5:09am

Good luck getting a "fair" answer to that question.  Lets ask Snort - see what he thinks.

Permalink Reply by Mark McGrail on April 1, 2014 at 6:42am

Fair? Or what you can expect to receive right now ?

Permalink Reply by tomvargo706 on April 1, 2014 at 6:50am
Now...before bp announces something

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