Recent Offers to Buy My Sub-Surface Rights

I'm new to this forum and am looking for some help.

I inherited 5 acres in Bienville Parish which has a timber lease. There is currently very little oil and gas revenue. I recently received purchase offers from two different oil companies. I live out of state and do not no much about the industry. Is there new drilling or other activity that would create new demand? The land is in Section 26. Any thoughts on value?

Thanks

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Permalink Reply by Two Dogs, Pirate on October 30, 2022 at 9:43

There are a bunch of Section 26's in Bienville Parish you need to provide the Township and Range numbers also.

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Permalink Reply by Steve Nordyke on October 30, 2022 at 10:33

Township and range numbers above. Thanks.

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Permalink Reply by Steve Nordyke on October 30, 2022 at 10:32

Township 16N-9W

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About As 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	Links About General Info Guidelines Supporters Donate Advertise Subscriptions Contact us

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As 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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