Jed Clampett's Blog – October 2009 Archive (1)

Purchasing land with royalties

Can someone give me some advice on the following ; A landowner of 3 acres of land in S Shreveport received a lease bonus payment of $15K per acre and 25% royalties. What wold be a reasonable offer for the 3 acres of land plus the royalty intrest ? I have a good figure on what the land is worth but dont know what to offer with the 25% royalty rate added to it per acre ? With a lease bonus payment paid plus 25% royalties under contract and being that this property is in S Caddo Parish with most… Continue

Added by Jed Clampett on October 17, 2009 at 17:55 — No Comments

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