Replies to This Discussion

Permalink Reply by SisterSuzie on October 13, 2009 at 2:37

We have had an offer in the Noble area from Comstock for seismic testing with a first right of refusal, which we have not agreed to at this time. Merit of Lafayette (on behalf of Chespeake) has also contacted us, but only offered $1500/acre with 25% royalties, which we have rejected at this time. Hope this indicates there may be some interest in this area.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on October 13, 2009 at 2:51

SS. The Chesapeake offer is a good indication of future interest. However, at $1500/acre actual development may be some time in the future as this is an "opening" offer to see how many mineral owners in your section will "bite". Better offers are in the future when development actually begins.

landownerPermalink Reply by ken hatcher on October 13, 2009 at 3:43

Every one in t-8n/r-13w be encouraged. The clerk's office in many is busy with landmen, new unit's will be forthcoming and this is all good.

landownerPermalink Reply by Susan Osborn on October 22, 2009 at 8:28

I received a request for permission to survey at $25 an acre. I have been advised in both directions from friends. Some say it locks us into first right of refusal with these people for drilling if there is any. So, I'm uncertain about signing the survey release. What do you think?

landownerPermalink Reply by ken hatcher on October 22, 2009 at 9:15

Susan, click on the 3-d survey...

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