Sec 69, Block 20, Lavaca Navigation Survey

Recent contact from 2 operators wanting to lease minerals owned by a trust. The two offers are quite far apart. I’m looking for guidance on the current bonus payment rates and royalty rates in this area of Borden County, Texas

I recently leased to King Operating in northern Borden County for $750 per nma. But beware, an imposter modified my bank instructions. I never received the bonus, and King said “sue me”, which I am in the process of doing.

This is an update to my earlier post. Despite having paid my bonus to the internet imposter, King Operating did the right thing and paid me. They are a good company to do business with.

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