I just took over the mineral rights for 80 acres in Washita county. The lease is up in June-will the landmen contact me, or do I seek them out? Also, what are fair prices and percentages at the present?
Hi William,
There are alot of variables that factor into bonuses & royalties paid, as well as the mineral owner being seeked out by landmen. First and foremost, the the most important factor is location - where is your lease?
Marlana,
The lease is in section 10, township 9, North, range 20, West of the Indian Meridian.
Marlana Mafille said:
Hi William,
There are alot of variables that factor into bonuses & royalties paid, as well as the mineral owner being seeked out by landmen. First and foremost, the the most important factor is location - where is your lease?