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re: Anybody have experience with oil, gas, and mineral leases?

Posted on 6/12/13 at 12:08 pm to cmlsu
Posted by gsm1060
Tree stand
Member since Dec 2009
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Posted on 6/12/13 at 12:08 pm to cmlsu
Couldn't you sell the land and retain the mineral rights? We have a few leases in Alabama with similar terms.
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Posted by gsm1060
Tree stand
Member since Dec 2009
683 posts
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Posted on 6/12/13 at 12:09 pm to gsm1060
You could be losing out on a lot of money if it ever hits. A producing well @ 200 bbls a day could pay you $200,000.
This post was edited on 6/12/13 at 12:18 pm
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