Jed. The bonus amount in the original lease has no bearing on the current value of the minerals. The determining value factors for the minerals would be the location and the terms of the lease.
Jed. That's a hard question to answer. Based on the information you have provided I would speculate that a current fair market value would be in the $5K to $8K range.
Les Bamburg
http://haynesvilleshale.ning.com/forum/topic/show?id=2117179%3ATopic%3A83406&page=2&commentId=2117179%3AComment%3A96647&x=1#2117179Comment96647
Aug 23, 2008
Skip Peel - Mineral Consultant
Oct 18, 2009
Skip Peel - Mineral Consultant
Oct 26, 2009