What's the going bonus/royalty on a lease in the area of 159 103 near Granora
?
What's the going bonus/royalty on a lease in the area of 159 103 near Granora
?
I have 159 102 mineral rights. $400/acre was the latest signing bonus. The field is not producing well so far. Maybe later there will be better results, but the early results are not encouraging. Other wells may be drilled as the easy fields to the east and south are depleted or sufficiently pumping to generate enough funds for further exploration in our area. We can hope.
Spencer