Hello from California. I got willed to me 5.00 net mineral acres in 36-6S-2W. I was just offered 3/16ths royalty, and $200.00 per acre for 3 year lease. Was wondering if this is the going rate. Any help would be appreciated.
Cheers,
Jim
Hello from California. I got willed to me 5.00 net mineral acres in 36-6S-2W. I was just offered 3/16ths royalty, and $200.00 per acre for 3 year lease. Was wondering if this is the going rate. Any help would be appreciated.
Cheers,
Jim