Replies to This Discussion

landownerPermalink Reply by LL on August 30, 2011 at 11:17

Thank you, Skip!  It can get confusing, and I'm new to this.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on August 30, 2011 at 11:19

LL, you're welcome.  That's what GHS is for.  Welcome to the membership.

landownerPermalink Reply by j garrett on August 30, 2011 at 17:22

DO's I've received already have the royalty % calculated.   This one equals 8.443 Net Mineral Acres out of the 583.77, or 1.446% of the unit's production.

Permalink Reply by btj on August 31, 2011 at 2:30

I guess I'll contact Samson. I own approximately 55 acres undivided undivided interest in a 220 tract in this unit. I believe Skip is right based on this. I'll post the answer I get.

Permalink Reply by btj on September 8, 2011 at 8:17

CONGRATULATIONS SKIP, you are the grand prize winner for being closest to the correct acreage on my interest. The correct acreage, according to Samson, is 56.88559 net acres. Thanks again for your help. Unfortunely, the grand prize is just a thank you.

BTJ

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on September 8, 2011 at 9:18

Dang!   LOL!

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