If they’re reading the oil chart like i am, they might want to lock down the rights before oil starts running.
The ‘source’ is just how i read chart patterns. It’s an abstract art. I could be wrong - been wrong before. I’m long and suffering at the moment. These high speed algos love to take moves to the extreme.
Right. I annotate my own charts using stockcharts.com - $WTIC in this instance. I have a paid sub but you can use it for free too. There are patterns that repeat and over time you can get a handle on what should lead to what. I think i’m alone in feeling bullish. Everyone’s a bear at the moment.
To Stephen Weeks,
Echo offered me a three year lease with a per acre one time payment up front ranging from $2,300 to $3,500 an acre plus a percentage of the production. They are wanting these rights immediately. I keep thinking there is something up for a company to go after the minerals in the manner they are negotiating.
John Ross: Could you explain this in more detail, perhaps with a pointer to the source? I sense an educational opportunity here.
Steven Longino, would you mind sharing a little more information on how much acreage and the royalty percentage tied to the $2,300 to $3,500 range?
I was offered $2,300 at 1/5 royalty, $2,500 at 3/16 royalty and finally $3,500 at 1/8. This cash is a one time payment upfront with Echo Operating
Sorry, you’re assuming I know more than I do. What charts are you referring to? I already understood that you were reading them and drawing inferences, but I’m not even sure what charts these are or how to access them. Just trying to learn a bit. If it’s too much trouble, don’t worry about it.
Aha! I do know about technical investing, though I don’t personally find it appealing. I thought you were talking about either something geological or something associated with specific well production. Sorry.
roup . Isee no action in my area of 28&29 . could use some info. thanks Sid
I am looking for a landman in Carter County to do a title search on my mother who past away this spring?
Scott Heller, 580/■■■■
Mr Eby, what township and range?
Stephen- township 4s- range 3e. Sid
We have been approached about selling our mineral rights in Carter county and wanted to get a sense of what activity and pricing levels are.
Dear Mr Eby, I don’t see any applications for sections 28 and 29 in the past few years. I also don’t see any leases recorded since 2015. A few mineral deeds have changed hands in sec 28 in the past few months but not a lot of activity. Sorry for the delay in my reply.
Rowan, Depends on location of minerals.
I am trying to contact Mr. Eby as we both seem to own mineral rights in section 29 Carter Co.
nevery see any comments on our comment wall is carter ct dead. sid sect29-30