Someone just offered to buy my lease, what does that mean?

The day after our seismic an investment company sent a letter offering to buy all or any part of our mineral rights on the land that they knew was already leased. We're not foolish enough to take it, but it got us wondering if this is a sign we're about to hit or just a gamble by the company that they might make money. They offer $7500 an acre. Did anyone else get a letter like this? We're hoping it means that Petrohawk found something, but we aren't shopping for a new boat just yet! Any ideas?

Views: 61

▶ Reply to This

Replies to This Discussion

Permalink Reply by The_Baron on July 7, 2009 at 10:02
Big differance between selling rotyalty and minerals is who has control.

RSS

Support GoHaynesvilleShale.com

Top Content 

1 Looking Back At The Haynesville Shale - A Retrospective

Looking Back At The Haynesville Shale - A Retrospective
2 Pending Public Oil and Gas Hearings

Pending Public Oil and Gas Hearings
3 Arkansas Smackover Lithium Play

Arkansas Smackover Lithium Play
4 Aethon looks for Buyers of its Haynesville Assets

Aethon looks for Buyers of its Haynesville Assets
5 Notice Emails Are Back! Please review how they work.

Notice Emails Are Back! Please review how they work.
6 Comstock October Presentation

Comstock October Presentation
7 Haynesville Has 12.5 Years of Sub-$3 NatGas Inventory - Enverus

Haynesville Has 12.5 Years of Sub-$3 NatGas Inventory - Enverus

Blog Posts

The Lithium Connection to Shale Drilling

Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…

Continue

Posted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40

Not a member? Get our email.

Groups



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service