Range of $igning Bonuses in Campbell County, WY


#1

I’m writing this in the Converse County forum because the software will not allow me to start a new topic in the Campbell County forum. @Mark_West, we’ve since fixed this problem, and moved this topic to it’s appropriate place).

I’m seeking help to determine a range of a Signing Bonus amount for a property we have in Campbell County. It’s for a DEEP LEASE containing 360 Net Mineral Acres under a property that has 4 good producing wells in the top lease.

We believe $400 / NMA is too low for a high probability drill, but we aren’t sure what the top end should be.

Any help you can provide would be greatly appreciated! Thank you in advance for your responses.


#2

My family has 45 mineral acres in Converse County. We were offered $10,000 per mineral acre if we sold. We opted for a signing bonus of $5100 per acre and a 4 year lease with an option for 2 more that pays a royalty of 18.75%. We had 2 companies bidding for our rights.


#3

Neither of you mentioned where your minerals were located. Its all about location.