Replies to This Discussion

Permalink Reply by Bobi Carr ("parker") on March 31, 2009 at 3:14

Just curious, what are they offering per acre?

Also, WHO was the offer from. (MC Minerals is a subsidiary of Chesapeake).

Permalink Reply by Bobi Carr ("parker") on March 31, 2009 at 3:15

Harold,

It is my opinion, when these offers start floating around, things are looking up.

I started getting them after a unit was applied for in my area.

Permalink Reply by Harold Boze on March 31, 2009 at 3:20

They are offering 3200. an acre Offer was from Pinnacle oil and Gas

Permalink Reply by Bobi Carr ("parker") on March 31, 2009 at 3:28

It must be $3200 per acre NOT $3200 for 10% of the 25% royalty.

These bulk mailers are ALWAYS lowball offers.

$32,000 per acre for 25% would get my attention (even though I would never recommend selling - I would just want to know WHAT'S UP).

Permalink Reply by Harold Boze on March 31, 2009 at 3:33

Yes 3200. per acre for 10 % of our royalities.

Permalink Reply by Bobi Carr ("parker") on March 31, 2009 at 4:00

Could you upload a copy?

Permalink Reply by Harold Boze on March 31, 2009 at 4:13

Sorry, my scanner isn't working.

Permalink Reply by Bobi Carr ("parker") on March 31, 2009 at 4:17

I just think there must be something in the fine print.

You may want to post on the main page and see if anyone there has any insight.

But one way or the other, the influx of those offers are a good sign - even when they aren't good offers.

Permalink Reply by Harold Boze on March 31, 2009 at 4:18

Thanks for the input.

Permalink Reply by Oil Guppy on March 31, 2009 at 9:30

Bienville Parish I'm assuming. Section Township Range??? If you would not mind sharing that info.

Permalink Reply by Harold Boze on March 31, 2009 at 11:15

Bienville Parish, Section 16 Township 10 Range 9west

Permalink Reply by Two Dogs, Pirate on March 31, 2009 at 14:25

Harold I think I would hold on that play. You may be in the middle of the HS, who knows.

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