Good morning I have been in contact with several mineral producers for sec28 sw4 11n r23, 28nw 11n r23 andsec29ne4 11n 23 beckham co.is there need of what’s going on there.thank you
Welcome to the Forum. It is more helpful if you post in the state and county where the minerals are located. See the Counties tab at the top left on the black box.
28-11N-23W-No active wells. King Energy has been leasing in the last 24 months
29-11N-23W-No active wells. King Energy has been leasing in the last 24 months. Royalty rates in the two sections range from 3/16ths to 1/5th.
King Energy just filed a permit for a multi-section horizontal well in 30 & 31 of 11N-23W. (Surface location in 6-10N-23W)
I just received a working interest participation option along with lease options of $1000 for 3/16ths royalty from King Energy. So this appears like its going to happen. I just signed a lease with JMA for 1,250 for 1/5th last week. 6-10-23W Beckham County
If you already signed a lease at 1/5th for $1250, that is better than the 3/16ths at $1000. Working interest is not for the novice owner.
King Energy has a permit for 30/31-11N-23W. Hutson 30-31H.