Landnews

  • 1.  Converse County, WY

    Posted 09-26-2019 12:56

    A friend has enlisted my help to lease his family's undetermined mineral interest under 4,200 non-contiguous gross acres in five townships across northeast Converse County, Wyoming. DI shows the last 12 months' activity to be primarily exercising extensions, but some new leases are being bought.  I would appreciate any input as to expected bonus and royalty for a 3+2 lease which seems to be preferred by lessees.  Spread out over five townships, several lessees may be involved. Thanks.

     

    Rick Morian

    Burk Royalty Co., Ltd.