Selling Mineral Rights

I live in Weirton, WV, the part that is in Brooke County. Over the last 2 months, I've gotten letters from 2 different companies offering to BUY my mineral rights for "up to" $12, 000 an acre. I've never had an offer to even lease my mineral rights yet, and these letters make me wonder if there is some proposed drilling in the future going to be happening here? Why else would these companies be making an offer to buy if they weren't sure they were going to get some return on their investment? I haven't contacted either company to discuss sale. I was wondering if anyone knows what's going on in this area. Any help would be appreciated. Thank you.

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Replies to This Discussion

Permalink Reply by Rob M4M on September 3, 2014 at 3:49am

Company's like putting out best case scenario which is never the case lol. I do have buyers and lessors for Brooke county if your interested. 855-222-3649  

Permalink Reply by elizabeth cook on September 3, 2014 at 6:50am

I'm not interested in selling but may be interested in leasing. What's the going rate per acre?

Permalink Reply by john on September 16, 2014 at 12:31pm

what companies sent you letters??  there are a lot of speculators out there...  

Permalink Reply by elizabeth cook on September 16, 2014 at 11:16pm

I've gotten letters from JRS Land Co. in Washington PA and Shale Capital Group from Pittsburgh

Permalink Reply by shesrushmore on October 15, 2014 at 1:03am
Elizabeth

We would love to give you a quote. How many acres do you on and in what district?

Phone# 724-739-3364
E3 Oil and Gas
Loren.harris@outlook.com
Permalink Reply by elizabeth cook on October 17, 2014 at 11:02pm
I live in the Cross Creek District. About 13 1/2 acres. What's your offer?
Permalink Reply by Todd on December 2, 2014 at 11:47am
Hi Elizabeth,
Did you ever contact one of the companies to get an actual offer?
Just curious.
Thanks,
Todd
Permalink Reply by elizabeth cook on December 2, 2014 at 10:51pm
Yes, Todd, one guy offered me $2600 an acre and acted like he was giving me a winning lottery ticket! LOL I was also offered $6500 an acre from another company. I'm just not really comfortable selling the mineral rights at this point. I would rather lease, but at this point, I don't think I'm ever going to get an offer for that, since it hasn't happened by now.
Permalink Reply by David Rontal on December 5, 2014 at 2:32am

Elizabeth,

We would be interested in discussing your acreage for lease.  I sent you a friend request.  Thanks.

Permalink Reply by elizabeth cook on December 5, 2014 at 9:39am
David, you can contact me at bethcook124@turbousa.com

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