Thomas's Blog (1)

buying royalities

recieved an offer to buy 50% royalty interest for our 865 acres in Desoto parish near Logansport. we currently have a 70% stake in the mineral rights. the offer was in the mid nine hundred thousands. just wondering if that is a low mid high offer? I know selling some of your royalty interest sounds crazy, but the news is all over the place about prices, overseas cheaper gas, capping wells, etc. thanks-Thomas

Added by thomas on April 22, 2009 at 11:31 — 3 Comments

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In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near…

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