Has anyone else been approached for land lease and mineral royalties in Nolan?
Our family has an offer but we are not quite sure if the offer is on the low side of what is common for this area.
I expect that if we take this much further we will get legal assistance but I don't think we are close enough to knowing if we are dealing with the right people.
Thanks for all input!
John
Join the Nolan County Group. There's an active lease rate discussion there.
John-
Depends greatly where you are in the county. Post your legal and offer details in the Nolan Co. group and people can tell you whether it is low.
Section 200 block 64 of the H&TC survey.
Near Hylton TX
I was offered $500 per acre bonus and 20% royalty in nearby Scurry County. But your location might change that.
Thank you. I had others tell me this was kind of low.
On the eastern edge of the Cline. Try for $750 and 25%.
Thank you Wade. All they can do is say no.