I posted a few minutes ago but put wrong description. I own 26 acres at 3-14n-14W. I keep getting offers to buy. What would a good price per acre be and what is going on there?
Perhaps the better question is- Continental is about to drill an additional horizontal Mississippian well and an additional Woodford horizontal well. Perhaps I should wait and see what the royalties are before considering selling… Many buyers sent out bulk mailings when increased density cases go before the OCC. From my experience, the offers I have received have been below the value of the potential wells. Lot of remaining BCFs in the ground in this section.
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