Recent Contact from Dakota Energy

North Dakota Mineral Rights Divide County, ND
1

Hello - recently received interest from a company named Dakota Energy for leasing my family’s minerals in Divide County just north of Zahl - They were starting at 17% royalty and 3YR lease at around $200 or so bonus. Seems really low to us as we have been getting 20% royalty on other minerals and other ND folks I know have been at that 20% royalty rate for that last 5 years or so - any thoughts or recent activity info? Much appreciated. Great to see some new lease activity in Divide County!

Best Regards,

2

Please give the township and range in order to get a better answer. Location, location, location

3

That would help - 160-101 Sioux Trail

4

I did a quick look and in 160N-101W, the leases in the last two years have been mostly at 20% for five years. The leasing agent was Missouri River Royalty. Bonus amounts are not public. Sections 18, 19, 30, 29, 27, 32.

5

Hello

thank you for that information - very helpful!

Best Regards,