Leasing Offer in Marion County
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
Views: 323
Replies to This Discussion
-
Permalink Reply by waylon buckland on
-
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.
-
Support GoHaynesvilleShale.com
Top Content
Blog Posts
The Lithium Connection to Shale Drilling
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
Not a member? Get our email.
Groups
-
Franklin County, Texas
9 members
-
Cass County, TX
120 members
-
Rusk County
97 members
-
Livingston Parish, LA
34 members
-
San Augustine, TX
386 members
-
Miller County, Arkansas
27 members
-
Sabine Parish, LA
455 members
-
South Caddo Parish Group
440 members
-
Natchitoches Parish
400 members
-
Bienville Parish, LA
244 members
© 2024 Created by Keith Mauck (Site Publisher).
Powered by
