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Permalink Reply by Skip Peel - Mineral Consultant on Sunday

Tom, $750 and a fifth is not necessarily a low ball offer for CV in your area.  There are some details that inform what is a reasonable offer like your number of acres and current CV activity in your immediate vicinity.  I suggest you post the name of the company making the offer.  I find it always better to lease to the operator whether directly or through a land company working on their behalf.  Now that the email notice function is working again, I suggest you post this discussion in the Rusk group also.  I'll post the link to the group page below.  You need to join the group to post a new discussion.  If there is current CV production in your immediate vicinity the royalty is likely a more important lease term than the bonus per acre.  If you are in a desirable location and have enough acres to provide some negotiating power, I'd suggest you counter with a nine fortieths (22.5%) royalty. If your lease turns out to be productive, the royalty will be worth much more than the bonus in the long run.

https://gohaynesvilleshale.com/group/ruskcounty

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Permalink Reply by Skip Peel - Mineral Consultant on Monday

Tom, I have added your discussion to the Rusk County Group page.  You can view it here:

https://gohaynesvilleshale.com/group/ruskcounty/forum/topics/cotton...

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Permalink Reply by Skip Peel - Mineral Consultant 8 hours ago

Sabine Oil & Gas Corporation	HARRISON	Scan Liberty	BERGIN I (AW)
	PANOLA	Scan Victory	MULLINS O V B (AW)
	RUSK	Scan Spirit	HELVENSTON B HS (AW)

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