Many years ago, our Church was given a mineral interest in some land in Marion County. Our interest is 2.16+ net acres out of a 285.50 acre tract.. A landman has offered a 3 year lease at $150/acre and 3/16 royalty. What is the wisdom of the group on this offer?
Thank you.
Butch
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butch they are paying 200.00 per ac for 3 years.with a 2 year option for 200.00 more 1/5 royalty
contact jeff mays in atlanta he will get it with one phone call. or you have to do to get it is to ask.
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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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