Does anyone know of activity in Jack County, Texas?
I was recently contacted about leasing my mineral interests in the N P Overby survey, A-452, in Jack County.
It looks like there are five rigs running: 4 oil and 1 gas.
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Could someone tell me where N P Overby survey, A-452 is located in Jack County?
I just received an offer to lease in A-2175 AT Smith, 160 acres @ $175 per acre, 1 dry hole, two old but still producing wells, and four new permits to drill. Definitely not taking the offer, but problem is there are 20 other family members and I only know 4 of them. Where do I start? Shares are 3 acres, with $583 bonus, and 3/16ths royalty. How can there be a royalty if they haven’t drilled?