Family estate has been contacted about the possiblity of selling the brackish water rights in order to drill water wells (Block 2 sections 11&17) with the intent of selling brackish water for future fracking needs. Also included was a Pricing Matrix Formula. Any advice on what to look for or be aware of? What are the going rates for selling brackish water?
Mel, we were contacted by same group and have been looking over what exactly we want to do with this. It's possible it could be a lot of money to the land owners but negotiations are everything. it will be a bit before we do anything. i'll post something if we do.