You will likely get $3000 an acre in royalty payments in one year of
production from the already drilled well.
Patience, Patience.


David

On Oct 5, 7:39�pm, Duane <[EMAIL PROTECTED]> wrote:
> Why would you want to sell your interest in a well that EOG(the
> premier production Company in the area) has DRILLED and Permit 17290.
> I would suggest you contact EOG and DO NOT SELL
>
> On Oct 5, 4:33�pm, silk <[EMAIL PROTECTED]> wrote:
>
>
>
> > I'm sorry. It was for my mineral rights which are leased with a 1/6
> > royalty. Thanks, I'll backtract.
>
> > On Oct 5, 5:20�pm, "Rufus O'Malley" <[EMAIL PROTECTED]> wrote:
>
> > > Hi Silk --- again, welcome. � � You did not say if the offer was for a
> > > Lease or are you being approached by Permian or some other to BUY your
> > > minerals at that per acre price..... if it is to buy -- backtrack
> > > again in the threads �-- this was just discussed at length several
> > > times with input from many on the board.....
>
> > > Geeez, if it's to lease, that's another story, I think. After I woke
> > > up from a dead faint, I would probably clean my glasses, read it
> > > again, and run it to my lawyer to make sure that I'm not missing
> > > something really important --- if it is truly a lease, things like
> > > depth clauses, Pugh clauses, etc....
>
> > > $3000/pma to lease sounds too good to be true ....
> > > rufus
>
> > > On Oct 5, 12:38�pm, silk <[EMAIL PROTECTED]> wrote:
>
> > > > Hi. I'm new here and have really enjoyed reading all the posts. I have
> > > > 30 mineral acres in Sec. 19-154-89. I have been offered $3000.00 per
> > > > acre. My minerals are leased with a 1/6 royalty. Just wanted to ask
> > > > anyone if this is a fair price. I live in Texas and this board is the
> > > > only place I can get information about this hugh play. Again, Thanks
> > > > for such a great board.- Hide quoted text -
>
> > > - Show quoted text -- Hide quoted text -
>
> > - Show quoted text -- Hide quoted text -
>
> - Show quoted text -
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