A landsman contact us regarding buying our 19 acres of mineral rights in T1N, Range 68 West, 6th PM, Section 24: W/2.
Does anyone know this area? If so, is $7500 an acre sound right?
Thank you,
That sounds very high (so see, if they are serious!). Tell us the name of the possible buyer.
There is not much activity in 24. Encana is active 1-2 miles to the East with very long horizontal wells. And "8 North LLC" has an active J-sand and Niobrara well holding much of your western part of Section 24. However, I see no permits or know of any plans for either operator to get active in Section 24.
I cannot explain the high offer. If you take it for all 100% or for 50% of your mineral rights, let us all know!
John
797-1N68WSec24.PNG (327 KB)
Thanks John, my apology, I'm using a mobile device and meant to put $6500 an acre. The company offering is Wolf Resources.
Still sounds like a very good price. John