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: 283
Replies to This Discussion
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Permalink Reply by waylon buckland on
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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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