# Selling price

**URL:** https://www.mineralrightsforum.com/t/selling-price/6221
**Category:** Doddridge County, WV
**Created:** [September 25, 2015, 2:10pm UTC](https://www.mineralrightsforum.com/t/selling-price/6221 "2015-09-25T14:10:09Z")
**Posts on this page:** 7
**Page:** 1

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### Author: ![Tom\_Ellis](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/f9ae1b/32.png) [@Tom\_Ellis](https://www.mineralrightsforum.com/u/Tom_Ellis)
#### Post date: [September 25, 2015, 2:10pm UTC](https://www.mineralrightsforum.com/t/selling-price/6221/1 "2015-09-25T14:10:09Z")

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I am looking to sell my mineral rights in Greenbriar, Doddridge County - about 8 acres. I leased with Antero about 2 years ago, for $2,500/acre. I was wondering how much a fair price would be to sell now? Thanks!!

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### Author: ![Arnold\_L\_Stuart](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/b2d939/32.png) [@Arnold\_L\_Stuart](https://www.mineralrightsforum.com/u/Arnold_L_Stuart)
#### Post date: [September 25, 2015, 5:08pm UTC](https://www.mineralrightsforum.com/t/selling-price/6221/2 "2015-09-25T17:08:08Z")

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Tom, I sold minerals rights interest on 23+ acres in May of this year, all had been leased and permitted by Antero Resources - that is the key “leased and permitted”. I asked for $12,000 an acre and received $10,000 an Acre. If I was to do it over again, I would not take any less than $15,000. Might have to wait around a bit for pricing of gas to go back up but I can wait. Hope this helps.

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### Author: ![Arnold\_L\_Stuart](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/b2d939/32.png) [@Arnold\_L\_Stuart](https://www.mineralrightsforum.com/u/Arnold_L_Stuart)
#### Post date: [September 25, 2015, 7:05pm UTC](https://www.mineralrightsforum.com/t/selling-price/6221/3 "2015-09-25T19:05:36Z")

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Tom, Greenbriar is hot right now, I have seen several Applications to drill by Antero, I will attempt to name a few.

“Sandra” Unit 1&2 H. “Farm” Unit 1&2H. “Kimberly” Unit 1&2H. “Dukate” Unit 1&2 H. “Bernice” Unit 1H. “Joran” Unit 1H. “Bungee” Unit 1H. Of course these will have to be approved by WV Environmental folks, process can take 3-5 months, then the permitting, drilling, fracking. It’s a long process, and your interest might not be in one of these units. IT ALL DEPENDS ON HOW BAD YOU NEED THE MOOLA. I got this list from the Doddridge Independent Newspaper.

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### Author: ![Ancel\_Smith](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/ancel_smith/32/806_2.png) [@Ancel\_Smith](https://www.mineralrightsforum.com/u/Ancel_Smith)
#### Post date: [September 26, 2015, 10:06pm UTC](https://www.mineralrightsforum.com/t/selling-price/6221/4 "2015-09-26T22:06:51Z")

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I negotiated about $7k/acre last year… payment isn’t until construction starts… (surface owner)… watch that… not a penny yet aside from signing bonus…

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### Author: ![Tom\_Ellis](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/f9ae1b/32.png) [@Tom\_Ellis](https://www.mineralrightsforum.com/u/Tom_Ellis)
#### Post date: [September 29, 2015, 4:23pm UTC](https://www.mineralrightsforum.com/t/selling-price/6221/5 "2015-09-29T16:23:08Z")

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I don’t know if it’s “permitted” yet. If not, how much lower would the offer price be, possibly?

Thanks Arnold, you’re a wealth of information!

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### Author: ![Arnold\_L\_Stuart](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/b2d939/32.png) [@Arnold\_L\_Stuart](https://www.mineralrightsforum.com/u/Arnold_L_Stuart)
#### Post date: [September 29, 2015, 5:58pm UTC](https://www.mineralrightsforum.com/t/selling-price/6221/6 "2015-09-29T17:58:46Z")

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Tom, You said that your unit was leased, that in itself is a plus, the Buyer (whoever) can now say \>at least someone is invested in this unit and will probably do something with it, remember, Antero paid you $2500.00 an acre. The units that I sold was leased and permitted and the Buyer jumped on it. I would never had sold mine but I have quite a lot in Doddridge and since I am 81 years young, the wife and I SAID why not sell a little and LIVE A LOT in our old age, “AND WE ARE”.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:30pm UTC](https://www.mineralrightsforum.com/t/selling-price/6221/7 "2018-08-14T23:30:59Z")

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