Mckenzie county ND mineral lease expiring need help with value

Oil and Gas Leasing Help
1

My family owns the minerals to 400 acres in McKenzie County with present lease expiring in May. Legal is 146/104/ section 26 E 1/2 and section 10 SW 1/4. We have had a couple of top lease offers and would like to know others opinion of the value. Thanks

2

Thanks for the reply. Anyone else in my kneck of the woods with an idea?



DG said:

IMO your minerals are far more valuable to you unleased rather than leased. I would sit on them and await further developments in your area.

3

Value as far as leasing or selling? I would make certain that you sign with one of the better operators. There are a lot of lease brokers around and there is no need to sign with one in ND.

4

leasing

Tim Metz said:

Value as far as leasing or selling? I would make certain that you sign with one of the better operators. There are a lot of lease brokers around and there is no need to sign with one in ND.
5

Looks like you are in an excellent spot. With unusually advantageous circumstances. At the very least I'd hire a professional to help you. RWK