Can anyone let me know if $150.00 an acre and 1/6th royalty is a good offer in Smith County, Texas?
Thanks
Can anyone let me know if $150.00 an acre and 1/6th royalty is a good offer in Smith County, Texas?
Thanks
It depends on how big of a tract you are talking about. Smith County is where the first Cotton Valley horizontals were drilled.
Its 160 acre tract.
Thanks