We have a company marketing in the Hot Spot 1 area named "5 Star Resources". Basically they’re offering $5000 per acre for all your minerals. A one time check and that’s it! About $1000 for a regular size lot, .20 acre. A lot of these lots are smaller than .20 acre. Not near enough. Remember the facts of Edge’s plan is to drill up to 8 horizontal lines over the next 5 years which would increase our royalties. My opinion is to not sign over your mineral rights. The owners need to understand that they would be SELLING their minerals….NOT leasing them. Once sold that is all you get.
Please see "Sell your minerals? - another option" in the web resource section towards the bottom for more info.
Bob and David your co-chairs for SWAPO.
Buy Sell Invest with Hart
A Blog to keep Arlington, Kennedale, & Mansfield TX property owners informed about Real Estate, natural gas wells, and other property issues so that we may promote great communities. Starting with SWAPO-CW … Southwest Arlington Property Owner’s - Community Watch, is an organization formed in 2007 to promote communications about natural gas wells & property issues. After all, it is about more than Real Estate! Resource web links are conveniently grouped at bottom and sides.
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