FYI:
My siblings and I have been tendered an offer via bank draft for our combined +/- 71-nma in the William Humpheries Survey, Abstract 138. About 1/3, is within the producing Ironosa; 2/3 lease expired and avasilable based upon my understanding. Drafts totaled $23,620 x 6 = $141,720 for entire interest. Proposed Purchaser: Triple-Crown Acquisitions, Tyler, Texas.
Tags:
when commodities prices drops and royalty income follows tyipcal boom-bust cycles that when the "sharks" come out to attempt to pick up minerals at bargin prices. For those thinking about selling just remember the buyer wants a 10-1 return on their investment in general
Alongview you are correct. That is a proposed area for James Condensate.
Phillip, is that SM Energy's Ironosa?
Bene,
Yes sir, it is.
Dont Sell. Trust me.
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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