Leasing Mineral rights, anyone do this? (((Barnett Shale)))
#12
I'm not real sure how many acres that unit was on. It wasn't too much. Your entire community is getting screwed then. The numbers they shoot you ARE negotiable and most people don't realize that. It's like a car dealership, of course the first offer they shoot at you certainly isn't their best. I like reading our local paper and looking at who gets screwed and who knows what is going on under the Mineral Rights section. Counter them a 1/4 offer if you don't feel comfortable playing hardball with them. The worst they will say is '1/5 is the best we can do' which would still be a lie but you'd still get your 1/5.
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