I just read an article in the Denver Post that last week Weld County agreed to lease 700+ acres of mineral rights. Some of the bonus payments where pretty substantial. Does anybody know what townships and sections these leases where in?
Bonanza Creek Energy Inc. had a winning bid of $12,550 per mineral acre for 320 acres in Weld, translating to a $4 million bid.
The company also bid $3,000 per acre for another 320 acres, or $960,000.
Finally, Morning Gun Exploration bid $960 per mineral acre for 66.9 acres, or $64,293.