recently got offer from Empire Oil- Doug Peak- can anyone give me a clue as to their reputation, seems OK, but everyone needs to be careful dealing with people you don’t know…
Larry:
I have leased to Empire a couple of times, once in 2004 and again in 2008. They were always fair in their dealings and bonus money was paid on time. They are only a broker and your actual minerals will end up with another company. Both times I leased to them, it covered mineral acreages in both Montana and ND.
What county are your minerals located?
I signed a lease with Empire in '06. They in turn sold the rights to Oasis which started pumping in '10. I felt that Empire was fair and expeditious. (320 acres in Burke County, ND)
Gerald said:
What county are your minerals located?
larry pritchett said: bottineau
Gerald said:What county are your minerals located?
My dealings with Empire have been all positive. Very professional. Don’t know if you are working with the same person but the one I dealt with was excellent.
Larry:
I would not hesitate to deal with them again, if the opportunity arises, but I would continue to shop around with other prospects before signing a new lease.