Howdy All,
My family owns some mineral interests in Cooke County, around A-1107 and A-104. I am just trying to get a feel for what minerals are leasing for in Cooke County as I am not familiar with the area. We have been approached by a company with an interest in leasing. Any insight as to what acreage is going for in that area would be greatly appreciated, thanks!
Gage:
You might want to be more specific about where these minerals are located (State, etc.).
Sorry, Cooke County, Texas. Minerals are found in abstracts listed above.
Gage:
I am not familiar with this area in regards to lease rates but I will give you a tip on negotiating with this company. I will guess by your comments that you reside in another area, possibly another State. Be careful and let them give you a rate as they may think that since you live away from the area, they will be able to negotiate a rate far below the going bonus and % royalty amounts. Do some homework and again let them make the offer and then go from there.