June 06, 2014
June 09, 2014
June 19, 2014
June 19, 2014
June 20, 2014
Clint, we have been contacted about wanting to lease in Section 34, Township 20N, Range 1W, even though we only have a very small mineral acre. What is the going rate per mineral acre in Noble County close to that section? I think it is going to be a pool of 640 acres and I think she mentioned something also about 18% royalty. For 3 years they will be sending some paperwork in the mail.
My lease ends Friday - the 28 June - I saw Mustang Oil - from what Clint sent over on 17, Township 24N, Range 3E - they wanted an extension - and got it from the OCC - but they didn’t fill out a form the BIA needed - 90 days before the lease expired - so if no one contacts to lease it - it will be put back up for BID in October through the BIA - sure seems like a lot of money to throw away for not filling out the paperwork… Steven
Nancy, I have no idea what the bonus rate is since I don’t have minerals here. Possibly one of the other members of the Noble County Group will chime in with some numbers. Good luck with your lease.
Clint Liles
350 a acre was the rate 2 years ago - but with a lot of hits in oil and gas - I am sure it’s higher now.
August 29, 2014
September 02, 2014
September 03, 2014
September 08, 2014
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September 12, 2014
September 18, 2014
Does anybody know what date in October the BIA will have their auction of lands in Noble County? Thanks Steve
September 19, 2014
September 24, 2014
September 28, 2014