Recent Moffat County Offer

Jason,

You can't expect to find a lease without a unitization or pooling clause, unless you own 100% of the minerals in a whole lot of acreage. Your land will be combined with other lands because a well drains a lot of acreage and all mineral owners in that drainage area have a right to be paid for their share of the minerals that are extracted.

Some areas of Moffat County are just wildcat areas, where the risks are large and so are the costs of exploration. If you are in such an area, be happy that someone is willing to take the risk, and possibly spend millions of dollars, with no guarantee of success, and that you have a chance of receiving a nice royalty, if they are successful. Royalties from a good Moffat County well can be paid for decades.

Ken G