# Offer to lease or purchase gas interests

**URL:** https://www.mineralrightsforum.com/t/offer-to-lease-or-purchase-gas-interests/66669
**Category:** Tyler County, WV
**Created:** [June 11, 2022, 12:19pm UTC](https://www.mineralrightsforum.com/t/offer-to-lease-or-purchase-gas-interests/66669 "2022-06-11T12:19:19Z")
**Posts on this page:** 5
**Page:** 1

<div class="post-metadata">

### Author: ![Profmom](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/7ea924/32.png) [@Profmom](https://www.mineralrightsforum.com/u/Profmom)
#### Post date: [June 11, 2022, 12:19pm UTC](https://www.mineralrightsforum.com/t/offer-to-lease-or-purchase-gas-interests/66669/1 "2022-06-11T12:19:19Z")

</div>

My mother was contacted about leasing or purchasing oil and gas interests in Tyler County, West Virginia. She did not know she even owned this. The gross acres are 180.51250 with net acres of 0.11430. The lease is for $300 with a 14% royalty. The purchase price is $600. With such a small amount of net acreage is it worth leasing? Leasing or selling, should she try to get a better price? I think there are around 70 people involved with this acreage.

---

<div class="post-metadata">

### Author: ![TODD\_M\_Baker](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/91b2a8/32.png) [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [June 11, 2022, 5:25pm UTC](https://www.mineralrightsforum.com/t/offer-to-lease-or-purchase-gas-interests/66669/2 "2022-06-11T17:25:26Z")

</div>

Whether leasing or selling, always ask for more.

---

<div class="post-metadata">

### Author: ![Debra\_Deby\_Bretz](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/debra_deby_bretz/32/968_2.png) [@Debra\_Deby\_Bretz](https://www.mineralrightsforum.com/u/Debra_Deby_Bretz)
#### Post date: [June 14, 2022, 4:42pm UTC](https://www.mineralrightsforum.com/t/offer-to-lease-or-purchase-gas-interests/66669/3 "2022-06-14T16:42:26Z")

</div>

Todd is correct. They will negotiate.

---

<div class="post-metadata">

### Author: ![Shawn\_Pursley](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/shawn_pursley/32/16435_2.png) [@Shawn\_Pursley](https://www.mineralrightsforum.com/u/Shawn_Pursley)
#### Post date: [July 24, 2022, 12:08am UTC](https://www.mineralrightsforum.com/t/offer-to-lease-or-purchase-gas-interests/66669/4 "2022-07-24T00:08:10Z")

</div>

I’m part of that exact offer…we have been negotiating and are getting things nailed down.

They will give more…

 ![180](https://www.mineralrightsforum.com/uploads/db5755/original/3X/4/d/4df0e73bece9f484161f4f07dbed28d9a8e603aa.png)

---

<div class="post-metadata">

### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [September 9, 2022, 12:20pm UTC](https://www.mineralrightsforum.com/t/offer-to-lease-or-purchase-gas-interests/66669/5 "2022-09-09T12:20:05Z")

</div>

This topic was automatically closed after 90 days. New replies are no longer allowed.