State Mineral lease sale- March 3, 2015

Montana Mineral Rights Daniels County, MT
1

I read on the DNRC site this am that 39 tracts in Daniels County where the mineral leases where sold for a period yesterday in Helena. All 39 tracts were sold to August Energy Services,LLC for $1.50 per acre.

I looked up August Energy Services and it appears to me to be out of Billings and the principal is a man named Eric Olsen. Just a goggle search so don't know this to be 100 % accurate.

Ups and downs , things seem to have cooled a lot. Positive spin there is still someone betting on possible things.

Lee

2

T Rex oil thinks so 7 million to purchase 16,100 net mineral acres in daniels county,36 leases which have 2 years left on the leases.