landowner

Lots of Questions.

If I have 40 acres of land, is it possible to lease only 5 acres to Company A and not lease the rest? What would be the benefits, if any at? 

 

Could I lease 5 acres to company A and then lease the other 35 acres to company b?

 

Can I do either scenario if all 40 of the acres are included in a 640 acre unit.

 

Thanks in advance,

I really appreciate the help

 

 

Views: 132

Replies to This Discussion


Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on November 15, 2011 at 10:49

Possible but not probable.  I don't think there would be any benefits.  You've got limited leverage with a modest size mineral interest unless it is a preferred drill site location.

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