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Question about mineral rights
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<blockquote data-quote="DLD" data-source="post: 1183183" data-attributes="member: 19707"><p>Again, as far as oil and gas goes at least, whether you own 100%, 51%, 0r 1% of the mineral rights, you'll have exactly the same amount of say about what they do with them - pretty much none. An exploration/production company will lease your mineral rights and pay you a lease bonus plus a percentage of any production. If you don't lease you will be entitled to "participate" in the well, which will mean you won't have to share your percentage of the revenues, but you will have to pay your percentage of the costs - you'd best have really, really deep pockets if you choose to go that route.</p></blockquote><p></p>
[QUOTE="DLD, post: 1183183, member: 19707"] Again, as far as oil and gas goes at least, whether you own 100%, 51%, 0r 1% of the mineral rights, you'll have exactly the same amount of say about what they do with them - pretty much none. An exploration/production company will lease your mineral rights and pay you a lease bonus plus a percentage of any production. If you don't lease you will be entitled to "participate" in the well, which will mean you won't have to share your percentage of the revenues, but you will have to pay your percentage of the costs - you'd best have really, really deep pockets if you choose to go that route. [/QUOTE]
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