We currently have minerals for lease and the going rate seems to be at $200 an acre at 18% royalty. Are any of you guys seeing better or worse terms?
I'm glad to hear the "going rate" for Adams Co. We had recent offer at $100 / nma, 5yr. primary and 3yr. option and 14% royalty. We are looking for higher! Thanks for the info.
I've just received an offer of $100/ nma, 5yr primary and 3yr option and 14% royalty. Does anyone have any additional information. I've recently acquired the mineral rights. Is that low or fair market?