Keep in mind that all acreage in any county is not created equal. Different areas will demand different lease terms based on operator perception of subsurface situation.
I know someone who got 250 per acre and 20% from Encana on the Williams site, just last week.
Shawn, thanks for info. I was told by a contractor (middleman) who call himself a landman; that the going offer in Amite County today, is $200/acre and a royalty of 3/16th. I've 180 unleased acres in sections 21, 22 & 23: 2N-R4E. That he tried to get me to lease. But I didn't!
Hunter, ours was through Encana also.
Ours was renewed by EnCana for $250 per acre for the coming 2 years and we granted the extra 3yrs for the same amount.
Thank you all for the current mineral rights lease information in Amite County, MS about bonuses & royalty payments. I live in Wappingers Falls (Hudson Valley), NY. So, it not easily for me to stay up to date on such matters in my former home state, Mississippi. I truly appreciate your input!
Sincerely,
Jimmie
I received a letter from Encana wanting to lease 5.65 net acres of a 30 acre gross, they want to lease for 3 years @ $200 an acre with a 3/16 royalty. What is the current rate that land owners are signing with? Thanks for your help.
Ruthie
This is in Amite County, Section 9 containing 30 acres
We received a similar letter from Encana. Do we have to lease to them? Can they force pool us? What does that mean in MS; what are the penalties?
Duke
If this is NOT the proper place to ask, I apologize - new to all of this! I inherited some mineral rights (?) in Amite County and apparently need to file probate in MS to get them in my name as owner died in TX and I am not a blood relative. Can anyone recommend an Amite County attorney and/or tell me how to learn more about my situation? Thanks in advance!
Look up Reggie Jones, I believe he is in Centreville and or David Wilkinson in Woodville. Both very good attorneys that should be able to help you.
You can also talk to the Chancery Clerk in Liberty (Amite County). It was Ronny Taylor but his term might be up by now. He was a TON of help for me!
Ella, D. Reginald Jones (know as Reggie Jones) is a good mineral rights leasing attorney, located in Liberty, MS (Amite County). He has done some legal and leasing work for me over the years. If you like you can tell him that I referred you to him. His office phone number is: 601-657-4801.
All of Encana's properties, in the TMS, were bought out by Australis. Encana had exercised their 2 year option on our lease. That option just expired on March 1st. Will be curious of Australis renews any leases and at what pricing.
1 Like