We’ve just started receiving emails from some of our coalition members letting us know that they are receiving offers to PURCHASE their mineral rights.
Please understand, this is NOT the same thing as LEASING your minerals. If you SELL your mineral rights, you sell all your rights to future royalties when a well is drilled later on.
Here’s a link to a post the Star Telegram did on their Barnett Shale Blog that might help you better understand the “offer” that is being made to you and the impact your decision will have long term:
http://startelegram.typepad.com/barnett_shale/2009/04/sell-your-royalties-better-think-twice.html
Thanks to all of you for keeping us updated on the offers you are receiving. Without your communication back to us there is no way we could keep up with everything that’s going on. Your input is very important to the group. Keep it coming . . .
Kathy Maestas
Webmaster