Does anyone have any information regarding drilling or future drilling in Marion County, West Virginia? My family owns some mineral rights around Paw Paw Creek.
As do I, have you been contacted?
The only discussions that I’ve had was when they offered the upfront money to lease the mineral rights.
New member - families own 380 acres - mineral rights only - 5 different sites - Marion County - over 100 years - were leased at $5.00 per acre at that time - they are now wanting us to sign new leases at the same price - they say they already own the leases - is this fair? Would like to pool with other mineral owners and land owners to get fair price. E-mail - fivestar@sssnet.com also on Facebook - Mike Morris Massillon Ohio
Michael, it sounds like they’re wanting to amend the leases that were taken 100 years ago. If the original lease is still active, it’s probably producing (held by production). It’s possible there’s a flat rate royalty or the royalty was sold out at some point.