Request comments on offer of $400/mineral acre bonus, 1/5 royalty in Shelby County, James English Survey A-186.
Counteroffer with $600 per acre and 1/4 or25% royalty. The operators/producers in that area are XTO Energy, Aethon Energy, Fortune Resources, Shelby Boswell and Ellora Energy. The targeted formations are Huxley and Haynesville Shale.
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Thank you, Clint. This helps as I and my cousins who are lease holders on this inherited land are new to this.
Ckilgoredilchrist, I put up a message that is awaiting approval. I agree with Clint Liles, but would request $900 per acre.
Thank you, Donald, appreciate any information as new to all this.
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