Mineral Interest Values in Section 36-10N-5W


#1

I’m new to this I have been offered $6,000 per acre for minerals under a 3/16" lease in this section. Can anybody advise me if this is a good offer.

Thanks.


#2

Your section is not far from a couple of wells flowing well over 1,000 barrels of oil per day after 60 plus days… That offer seems real low to me.


#4

Slick

that does seem low. I’ll take a closer look this afternoon and will circle back around to you on what I would estimate a fair value to be for your minerals. IF you are interested in discussing please don’t hesitate to contact me either through PM on here (via friend me) or at jb@frontrange-ep.com or at 303 500 1898.

with best regards
Jeff


#5

Thanks. I appreciate you checking into it.


#6

That offer is too low. Catty corner to you in 2-9N-5W was at least $6700 last year.