# Lease or Sell Mineral Rights

**URL:** https://www.mineralrightsforum.com/t/lease-or-sell-mineral-rights/2437
**Category:** Campbell County, WY
**Created:** [July 17, 2017, 2:47pm UTC](https://www.mineralrightsforum.com/t/lease-or-sell-mineral-rights/2437 "2017-07-17T14:47:00Z")
**Posts on this page:** 7
**Page:** 1

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### Author: ![Andre\_M](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/andre_m/32/19730_2.png) [@Andre\_M](https://www.mineralrightsforum.com/u/Andre_M)
#### Post date: [July 17, 2017, 2:47pm UTC](https://www.mineralrightsforum.com/t/lease-or-sell-mineral-rights/2437/1 "2017-07-17T14:47:00Z")

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Currently, we have ~325 net acres (Campbell County) that are being leased to Mallard Creek Oil (TX).

The 5-year paid-up lease expires in September 2018.

I have called MCO once a year to see if any drilling has been done. Nada. No permits have been pulled either.

We were paid close to $200k for the paid-up lease with an 18.75% royalty.

Ultimately, what factors should be considered when our lease expires…should we seek another lease or search for a buyer?

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### Author: ![Craig\_Team](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/a87d85/32.png) [@Craig\_Team](https://www.mineralrightsforum.com/u/Craig_Team)
#### Post date: [February 28, 2018, 2:46pm UTC](https://www.mineralrightsforum.com/t/lease-or-sell-mineral-rights/2437/2 "2018-02-28T14:46:39Z")

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Andre,

It all depends on what area of the county your minerals are located in as well as your reason for considering selling. What is the Section/Township/Range of these minerals?

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### Author: ![Andre\_M](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/andre_m/32/19730_2.png) [@Andre\_M](https://www.mineralrightsforum.com/u/Andre_M)
#### Post date: [February 28, 2018, 7:30pm UTC](https://www.mineralrightsforum.com/t/lease-or-sell-mineral-rights/2437/3 "2018-02-28T19:30:09Z")

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**Correction/update:**

Please re-read my original post. I have included property information plus two (2) questions.

If you can answer those questions, that would be very helpful moving forward.

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### Author: ![Mineral\_Steve](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/f04885/32.png) [@Mineral\_Steve](https://www.mineralrightsforum.com/u/Mineral_Steve)
#### Post date: [March 30, 2018, 8:17pm UTC](https://www.mineralrightsforum.com/t/lease-or-sell-mineral-rights/2437/4 "2018-03-30T20:17:10Z")

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About 6 miles to the south of you, are some new HZ well permits.

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### Author: ![Andre\_M](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/andre_m/32/19730_2.png) [@Andre\_M](https://www.mineralrightsforum.com/u/Andre_M)
#### Post date: [March 31, 2018, 4:48am UTC](https://www.mineralrightsforum.com/t/lease-or-sell-mineral-rights/2437/5 "2018-03-31T04:48:40Z")

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thanks Steve

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### Author: ![James\_T\_Mcguckin](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/d6d6ee/32.png) [@James\_T\_Mcguckin](https://www.mineralrightsforum.com/u/James_T_Mcguckin)
#### Post date: [March 31, 2018, 12:54pm UTC](https://www.mineralrightsforum.com/t/lease-or-sell-mineral-rights/2437/6 "2018-03-31T12:54:02Z")

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s34 T42 R74

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:22pm UTC](https://www.mineralrightsforum.com/t/lease-or-sell-mineral-rights/2437/7 "2018-08-14T22:22:20Z")

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