Did you get a hold of her over the weekend ? I will send her a Xmas card and tell her about the site. What about the tax on the bonus $$ how does that work ?
Yeah I the 46.5% is insane. I think that managing the royalty is one thing. But getting prepared for the bonus check is another. We need to invest that some way so don’t get burned on taxes. More stress… but good stress.
FDIC covers up to $200,00. Then you can pay for added coverage for what ever amount you want and it’s really cheap. So that is not a problem. We just want to lower the taxes we have to pay in some kind of tax shelter.
Yes we do ! We are going to send her something for her kindness ! Any suggestions ?
I’m the grandson of Ralph and Almira Kirkpatrick
So the road and site is your wellhead?
Joel.we had the farm on 30th
we haven t met
i left billings in 86
I Agree with Zeb, I certainly don’t mnd the chit chat between members, one never knows when some of their comments to each other may become useful to all of us. Thanks to everyone responsible for creating this site FREE of charge, it’s never easy to please everyone, I think y’all (isn’t that how you say it in the U.S. of A?) are doing an excellent job!
Friends,
We appreciate all of the chat over the past few days, but please create a discussion for your particular topic. Every comment is sent to each group member and it can be overwhelming if you’re not interested in that particular conversation.
The comment box is best for short communication that is of interest to the entire group and discussions are the best place for any back and forth conversations. Click “+ Add a Discussion” at the top left of the comment section/bottom left of the discussion section to begin a forum post.
We sincerely appreciate your participation and hope you are making better decisions through the power of joining together.
Have a Merry Christmas and feel free to contact me if you have any questions.
Reagan
MRF Admin
You know more about this stuff than we do. You’re a CPA
Unfortunately for those seeking to learn about leasing, it is a mix of several things… The nuances of leasing are many, a mix of technical details about leases and locations, information about owners and present day family members, political influences, info on the companies which we have to deal with… “Chit Chat” is another word for getting to know your neighbors and also a VITAL part of the intent of this forum. I have seen and participated in many forums and find this forum to be the MOST difficult to follow “threads” or “replies to discussion” that I have encountered. Something about the layout of the site… I would have never seen this post by dctex99 had my attention not been called to it. Going “UNDERGROUND” to personal mail with ANY of the above types of information TOTALLY DEFEATS the purpose of the forum. I have never minded the many email alerts and do not let them “bother” me as it is far easier “on this site” to simply go to the main forum page by any link in the alerts and page forward or back to find the post that is of interest to me. In America… last I knew we have a right to FREE SPEACH. Quite possibly those of you who are COMPLAINING do not care if
Ethel’s only surviving relative is Bert or Barry… I DO…with that information removed the forum loses much of its value and you might as well find yourself a landman and forget it. Perhaps a new forum should be created so that the COMPLAINERS can have the forum to themselves and cleaner email boxes to boot! I for one suspect that there will be very little information offered up for the forum as a whole in the coming days…further more I SAYETH NOT!
A word about Eser.org. Their information seems to be about 6 months behind the NDIC, which is a month or two behind. For a free service, it is probably great for a mineral owner with a lease offer to look immediately if your area has “history”, but remember that what you are looking at is history! In my case things have changed quite substantially in a much shorter time frame than Eser seems to be updating. Information is key to making the most of your minerals. I think it’s worth a $50 (1yr) subscription at least 1 time if you are in negotiations, unless you are in virgin territory, in which case you can look at the lack of information for free at Eser. Good luck to all.
Andy, what Joel said, plus all the information on your neighbors wells. I have heard that the people at the NDIC are nice and helpful to the point of e-mailing up to date info on someones well, but I don’t think you could ask them to give you everything for a ten mile radius around your property. I think having the most up to date information is crucial to making the most of your minerals. Would you invest in wall street on the basis of 6 month old copies of the Wall Street Journal? Or list your house according to 6 month old real estate listings from the same area ? Minerals are an appreciating asset, your asset until you lease, then they become your lessors appreciating asset. I frequently hear of people signing leases for peanuts when they didn’t know they had a well already, something of a good bargaining position in ND.
Enbridge is adding 80,000 b/d of capacity at its Berthold terminal. It’s part a $145 million expansion plan. We need as much capacity as possible to get oil prices up in this neck of the country.
Price of crude going up ? Check CNBC
http://www.cnbc.com/id/45553452
Mr. Peterson. Any info on The Big Island prospect would be greatly appreciated. I have been following it closely.
RW -
Thanks for the info on Eser.org. What’s the $50 subscription for. NDIC seems to be free.
Thanks Joel & R.W.
Anybody interested in the big island prospect by whiting?