# CGS Purchase so many leases
**URL:** https://www.mineralrightsforum.com/t/cgs-purchase-so-many-leases/54373
**Category:** Gaines County, TX
**Created:** [December 30, 2019, 4:15pm UTC](https://www.mineralrightsforum.com/t/cgs-purchase-so-many-leases/54373 "2019-12-30T16:15:50Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@Erin\_Sigler](https://www.mineralrightsforum.com/u/Erin_Sigler)
#### Post date: [December 30, 2019, 4:15pm UTC](https://www.mineralrightsforum.com/t/cgs-purchase-so-many-leases/54373/1 "2019-12-30T16:15:51Z")
If they purchased so many leases in November - I realize they will sell the leases to another company for three times what they paid us. But why did they lease so much - is there hope of the other company drilling? I have leased these mineral rights before - they sold them to J Cleo - nothing happened.
Hoping something happens.
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [December 30, 2019, 8:21pm UTC](https://www.mineralrightsforum.com/t/cgs-purchase-so-many-leases/54373/2 "2019-12-30T20:21:49Z")
CGS Operating has [permitted two wells in Gaines County](https://www.mineralrightsforum.com/t/contacted-by-new-company-regarding-mineral-rights-lease-in-gaines-cty/51868/15). I believe EOG drilled some wells in Winkler County back when using a company called Roca Operating. CGS Operating and perhaps other land companies may have been leasing for EOG. If a large company contacts mineral owners directly, the owners may think “Ka-Ching!!” and demand better terms and high bonuses. A contract land company might work for a giant like Chevron or a very small independent. I would be glad to have leased the minerals given what may be on the horizon.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [February 28, 2020, 4:15pm UTC](https://www.mineralrightsforum.com/t/cgs-purchase-so-many-leases/54373/3 "2020-02-28T16:15:55Z")
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