New Activity ?
The amounts in the mailed offers to purchase royalty have greatly increased recently. Is there any new activity? We are in the southwest portion of the county.
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Replies to This Discussion
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Permalink Reply by Thomas C. McKowen, IV on
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I am referring to Harrison County, Texas. I thought I was in that group. I will also post in that county group.
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Permalink Reply by Rock Man on -
No new Harrison Co Horizontal permits posted for SW part of county in the past 6 months.
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Permalink Reply by Skip Peel - Mineral Consultant on
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Not sure what the offer amounts are that are referenced here but generally speaking offers to buy minerals have taken a significant downturn since the first of the year along with the price of natural gas. I am temporarily advising clients to delay soliciting purchase offers or accepting the lowered offer amounts. Only in dire need of fast cash should anyone be considering a sale at this time.
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