Posted by 1130Leo on January 14, 2016 at 09:32:02 from (12.188.165.51):
In Reply to: What a Thursday posted by notjustair on January 14, 2016 at 09:04:41:
If you are getting the land, AND the mineral rights, meaning you will get paid for any oil and or gas produced, and the wells are good, I would have to say go for it. Of course, I would also look at surrounding area land sales just to make sure the price is right, you may find they are a little high and counter with a little less? For my area that price per acre seems pretty good though. Oil companies are in a spot right now with oil at 30 dollars a barrell.
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