Hi all, new here. Wondering if anyone has a thought on buyout offer for mineral rights in Burke County? Approximately 200nma. Has been in production for a number of years. S13 160N. Offer has been around 2200/acre. Thank you
Looks like you gave the Township and the Section, but not the range. I recently got similar offers in Divide and Burke, Lynx Oil Company was able to offer more and they were quick and easy to deal with. Not a bad idea to look for some smaller companies looking to get their foot in the door. Good luck out there!
Thanks for response. Here’s the range info
13-160N-92W
12-160N-92W
Current production on horizontals. Room for more infill wells. Several groups were doing additional leasing on Sect 13 in the last 24 months. Looks like someone is putting together a play that might include those sections.