Hi Phillip:
Interested in what you are saying is utica lease prices, as we've had someone approach us regarding purchasing our mineral rights. It's our understanding there's a plan for a well on adjacent property of ours (where we own mineral and most surface), with 3-7 utica laterals on our land. Plans slowed by a partition suit, for which I cannot find details. Rights in Wetzel County, under a current lease.
Is the 6-8k for lease versus purchase? Is this common price for lease or just a few leases?
I look forward to hearing form you.