Received AEU Minerals Offer Letter to purchase our O/G interests

Did anyone else receive a letter from AEU Minerals, offering to buy your mineral rights? We received our letter from AEUM, today. Our lease is with AEU, also. They bought it from Shell, our original lessee, a year after we signed with Shell. In one year and seven months our lease with AEU will expire. There has been no drilling as of yet. Our lease is for $5,000 an acre and 20% royalty.

Is American Energy Utica  trying to buy our mineral rights  now so they won't have to shell out another bonus check in Oct. of '16? Or are they finally getting ready to drill?

We are considering selling our mineral rights and have been sent a letter from Dorado Mineral & Royalty, LLC., Ft. Worth, TX., also. Does any one know of other companies we could contact to see if they are interested in our minerals, so to get the best offer? Our minerals are in Londonderry Twp., Guernsey county. We do not own the land, just the mineral rights.

Really could use advice as to how we should consider a price per acre if we consider AEU or any other company. AEUM stated in their offer letter they would beat any offer higher than their offer. There were no money amounts  offered in this  letter today.  What is the going selling rate for G/O interests/rights? New to this situation and would like all the advice/help we can get.

nc man

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Permalink Reply by Jacob Fewx on March 27, 2015 at 7:01am

I have received a lot of letter in the mail and have researched quite a few of them.  I sent you a friend request.  give me a call

Permalink Reply by nc man on April 1, 2015 at 7:46am

Thanks, Jacob,

After reading and reviewing all, from the very helpful and knowledgeable people who have shared their thoughts with me, on this site, AND the gas prices being so low, I feel this is not a good time to sell.

Money was not the reason for my wanting to sell. I just felt I did not want to be involved in this messy O/G debacle I read about on Marcellus BUT I did not want to just walk away, either. I know for certain my mineral rights are located in a very good area and I would like at least $25,000(+) an acre(wouldn't we all!). If not I will just hang on to them.

The mineral rights I and my brothers hold, were left to us by our late father and doing that would be a punch below the belt to him.

When the time comes I will certainly contact you and I thank you for the offer.

nc man

Permalink Reply by Becky Moore on April 1, 2015 at 6:41am

NC Man,

CX-Energy is a licensed real estate broker based in Pittsburgh, Pennsylvania specializing in oil and gas sales and leasing services in Pennsylvania, Ohio and West Virginia. We do not buy oil and gas rights; rather, we represent owners to get them the highest price per acre through leasing or selling. In addition to selling oil and gas rights, we can also help you buy or sell houses, commercial real estate, farm land and hunting land. Our services also include quality legal advice and closing services concerning oil, gas, minerals and real estate transactions from Morascyzk and Polochak, Attorneys at Law (M&P). www.cx-energy.com

Check us on on GMS: http://gomarcellusshale.com/forum/topics/gms-sponsor-intro-cx-enegy...

Permalink Reply by adam sorell on April 1, 2015 at 8:14am

So did anyone actually geT an offer from these filthy animals??

Permalink Reply by nc man on April 1, 2015 at 9:27am

AEUM NEVER called me back!!

The only offer I received was for $8500 an acre for my mineral rights.

nc man

Permalink Reply by adam sorell on April 1, 2015 at 10:16am

neither did i . Why the heck would these idiots send out a letter and not respond.??  I bet if oil and gas goes up all of a sudden they will remember to call.

A few days later i got a letter from a Shale Capital Group, No address No full  name. just Tom M. with a illegible signature 740 338-9159

and a nice website (sarcastic)

  http://www.shalecapitalgroup.com/

Permalink Reply by nc man on April 1, 2015 at 11:22am

real nice web site! things must be going well for them!

nc man

Permalink Reply by Janice L. Hancharick on April 1, 2015 at 10:38am

Keep the conversation helpful rather than name-calling.  NC man  requested information  and has received valuable, fact-filled info.  

Permalink Reply by Jacob Fewx on April 1, 2015 at 10:59am
Many of these companies have auto mailers. They may not have intend for you to get it by it went to you anyways.

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