Anyone know what the acre buy/sell rate is in Hughes County, Section 29?
29-8N-11E to be exact.
Anyone know what the acre buy/sell rate is in Hughes County, Section 29?
29-8N-11E to be exact.
Michael R Mathias Jr., I have been offered $2700.00 per mineral acre to sell outright⌠all offers DECLINED. No one seems to want to lease. All offers the last 2 years are to purchase. There appears to be a âdoubling downâ⌠too too anxious to purchase outright. That is a âRED FLAGâ for me.
Michael, One more thing: My minerals are S21/Township 7 North/Range 10 East Hughes County, Oklahoma.
Hi Leta, Are you saying you were offered $2700 for your surface or your minerals? Sorry for the confusion on my part. Thank you
Toni Hilton, to answer your question: I was offered $2700 for my minerals per nm acreâto buy outright. Offers of late have âNOâ interest in leasingâonly buy outright. This for me is a signal that my minerals (WOODFORD FORMATION) have significant value. Four new wells on DORA (Well name) have recently been drilled. Dora 4 & 5 have had âfirst salesâ in late 2018 and I am awaitingââpatientlyââI think,
for my D.O. (DIVISION ORDER). I just wrote TRINITY (Operator) this a.m. inquiring for more substantive info on the status of my D.O. Allegedly Trinity is awaiting the TITLE OPINIONâŚLeta C. MONTANA (BIG SKY AND GRIZZLY BEAR COUNTRY).
Thank you, Leta. I really appreciate it.