"My buy it now price is $1000 per acre and 1/4 because that's what my cousin got from Newfield in 2N-4W."
Begin each day by telling yourself: Today I shall be meeting with interference, ingratitude, insolence, disloyalty, ill-will, and selfishness, all of them due to the offenders’ ignorance of what is good or evil...
-Marcus Aurelius, Meditations
The value in real estate is in the location and oil and gas mineral rights are no different. Being in the same state is not a valid comparison, being in the same county in not a valid comparison and sometimes even being in the same township is not a valid comparison. Having a reasonable idea of comparable lease prices will make you a much better negotiator. Asking for triple the price ensures you won't get leased or you will get force pooled without the clauses of the oil and gas lease to protect you.
More to follow,
Berlin
Berlin Royalties buys Oklahoma minerals and royalties, and we show you the work behind every offer. Free, no obligation, and if keeping them is the right answer we will tell you that too.
Get a Free Valuation or call or text 918-984-1645Pretty Boy Floyd looking awfully content with himself after cold drafting an Oklahoma oil and gas mineral owner.
Just a couple of war dogs, Amos Tversky and Daniel Kahneman toast to their partnership in the 1970s. Courtesy of Barbara Tversky
Woody Allen said that. He's not my favorite playwright, but he has a point. How many big company landmen are willing to meet an Oklahoma miner…
I won't use his name, he's a pro, but a dinosaur. He did business with Joe Dan Trigg and John A. and the Calders and the Dines, and the Culpep…