Has any one recently lease their minerals in this section? If so what were the bonus/royalty of the lease?
Marathon pooled 18 for $1000 3/16 or $600 1/5 in December of 2016. That gives you a ball park idea. Pending poolings are in 8, 17, 19 and 30 for Marathon. When those become public, you will have a more current idea of the market offers.
Thank you!
Where would I find this information?
They are on the OCC website. I just checked and no final status. The one in 19 was dismissed.
They are on the OCC website. 19 was dismissed by Red Bluff, but Marathon is still pooling. The cause numbers are:
201703404
201703403
201604424
201700806
201700805