Started by Erin, January 22, 2008, 01:56:47 PM
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QuoteWe all have different things we want, but when they all line up it's go time.
Quote from: Erin on February 28, 2008, 08:18:39 AMIf one party had a controlling interest, say 25/75, would the smaller interest still have the right to decide to drill or not? Or, would a better compromise be to stipulate royalties only. Ie, if we hit oil drilling for water we'd share a percentage of the income, but they couldn't decided whether to be poking holes in our front yard or not?
Quote from: MountainDon on February 28, 2008, 12:10:08 AMWhat are the odds of there being something worthwhile digging/drilling for? It would not be nice to end up with a mine or oil derrick, then pump disturbing your view and other planned uses. On the other hand if it could be restricted to some small out of the way corner 50% of something worth going after could be quite nice. Or do you think this is just a way to get you to go away or make to counter offer more money and no mineral rights?