Replies to This Discussion

Permalink Reply by Brad on October 15, 2014 at 4:04am

I received a letter from them a while back maybe 17-18 months. I'm in Beaver county Hopewell & Independence Twps.

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Permalink Reply by Matthew Williams on October 15, 2014 at 4:07am

Has anything come of that letter?

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Permalink Reply by Brad on October 15, 2014 at 4:09am

No wasn't interested.

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Permalink Reply by Mtneer on October 15, 2014 at 4:28am

Landman by the name of Jeffrey Durham going around with a list of mineral right holders in northern Hanover Township, Washington County Pennsylvania within the last two weeks.  Made an initial offer of 7k an acre.  Beware.

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Permalink Reply by Mark Bryan on November 5, 2014 at 3:12am

That same guy stopped by my property too.  Why should I beware?

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Permalink Reply by Jonathan H on November 5, 2014 at 5:24am

Leasing or selling mineral rights? 7k an acre is a good up front bonus payment for a lease, depending on the lease terms, but it is waaayyy low for selling mineral rights - I wouldn't consider selling mineral rights for less than $15k an acre.

Note that I am in Ohio, not PA, so prices may be different, but the principle holds.

ALWAYS have a lawyer review paperwork before signing!

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Permalink Reply by Mark Bryan on November 6, 2014 at 8:01am

Ive done some fairly in depth research on pricing of minerals in PA and in OH.  Contrary to your statement above, $7,000 in PA is actually a very good offer based on my royalty.  Furthermore, an average price in OH for selling minerals would be $7,000 to $13,000, depending on royalty, and county of course.  

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