We have received an unusually frequent burst of purchase offers for our mineral interests in Eddy county over the past several months. Only one lease offer so far: from Cazador O&G of Midland, about whom I don’t see much information online. We’re not selling, but would be happy to lease on good terms.
I assume there is interesting activity nearby this property spurring all the phone calls from landmen I’ve been getting(?), but I need an education in the tools of researching such things. So far my experience in this industry has mostly just been in accounting for royalties already in production. This is only the second time in several years I’ve had to be concerned with negotiating lease terms.