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buying royalities
recieved an offer to buy 50% royalty interest for our 865 acres in Desoto parish near Logansport. we currently have a 70% stake in the mineral rights. the offer was in the mid nine hundred thousands. just wondering if that is a low mid high offer? I know selling some of your royalty interest sounds crazy, but the news is all over the place about prices, overseas cheaper gas, capping wells, etc. thanks-Thomas
Posted on April 22, 2009 at 11:31 — 3 Comments
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