shooks
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  • pleasant hill
  • United States
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At 11:43 on December 13, 2008, Bob Ballard said…
Today I heard that XTO had offered a firm $8000 per acre with $7200 going to the mineral owner. 7% to the lawyer and 3% to Tag. Do you know the % royalty offered and if anyone is taking it ?
At 12:31 on October 27, 2008, Bob Ballard said…
Shelia, I live in Beulah and I put together a group with appx. 325 mineral acres. Leonard McCarty of XTO made us an offer of $13,000/AC on July 31, 2008. On August 18, 2008 they notified us that upper management did not approve the offer. There has been nothing further. You can contact me at; bobballard@bellsouth.net , if you like. Thanks for the information.
At 7:28 on October 22, 2008, shooks said…
Bob, the offer was delivered by fed-ex on monday, with a lease to be signed. No one is going to accept this offer. David and the attorney had a meeting with xto yesterday, and they made an offer of $8000.00 or so, but as I understand, they will not be accepting this offer either, and that they will have another meeting in a day or so. Hope this helps.
\What group are you with, and when did they make your offer.
At 6:26 on October 22, 2008, Bob Ballard said…
Shelia, Did XTO make the $6400 offer to Tag Holley/David Hall or to the landowners? How was this information disseminated? My group also had an offer from XTO's home office which was rescinded. Bob Ballard
 
 
 

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