Cousins just sold for $8000 per nma at 25% lease.10 nma with no surface rights. We are considering also, Leased at 25% as well. No drilling yet, was told to hold off a year or two and see if Mewbourne gets to it. Is the buy offer reasonable, input please.
Yes, that’s an aggressive offer for that area.
Thanks for your input.
Who purchased their minerals? Thanks.
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Evanston Acquisition out of Tulsa. Told me when I called them that Mewbourne will be drilling soon in our section. They weren’t interested in buying ours but have letters in the mail about every week.
Thank you for that information.