I had Pinebelt call and ask to lease mineral rights on about 140 acres. When I asked them who was the company behind this project they stated that they didn’t have that information. I find that statement a little hard to believe since someone is paying for their services in obtaining these leases for them. Does anyone know who it is? They are putting together 640 acre plots.
Lisa:
I have dealt with the same situation in North Dakota and I decided that it really doesn't matter who the broker is for as long as the bonus/acre, % royalty and lease terms met with my approval. You can always shop around for another offer if you feel the broker's is too low.