Received a call from a fellow landman at a well known, but failing company in the City. Apparently, his boss's mother-in-law received an offer to lease, and surprisingly, she thought the offer wasn't "fair." When are bonuses ever enough? Might be the most valuable minerals this side of Spindletop for all we know, but we do know. I'm glad the son-in-law found the time for he and his landman to try to negotiate a higher bonus for her 0.38 net acres. I guess he has the time. The company has billboards around town, and signage at the Thunder games, but not employees. His company "didn't have it in their budget to lease her interest or they would."
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 918-984-1645You’ve got a well producing on your minerals, and now there’s a thick envelope in your mailbox. Inside is something called a “Division Order” …
If you’ve received official-looking paperwork from the Oklahoma Corporation Commission with your name listed as a “Respondent,” you’re not bei…
1. Confirm what you own (minerals vs royalty vs ORRI; net acres/decimals; location).