We own minerals in Sec 7,28,31 and 34, about 800 acres altogether. Have received multiple offers, currently at $650 bonus and 1/5th on 3 year lease. I know that Sec 7 should probably bring $1,000-1,200 bonus. Just wondering if anyone is seeing 1/4 royalty?
Please add your township and range. There are many sections with those numbers.
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