My wife and her 3 siblings have been getting about $300 every other month from some mineral rights in Caddo Parrish, La. The company is Chesapeake.
Within the last few months they have been getting multiple calls asking to sell their rights. One of her brothers gave in and they paid him $10k cash (initially started at $6400).
Obviously there's something going on with the area. The wife isn't going to sell hers.
I'm just wondering if any TBHers have any specific info on oil/gas production in the area. Or any insight into Chesapeake's activity there.
Thanks
Within the last few months they have been getting multiple calls asking to sell their rights. One of her brothers gave in and they paid him $10k cash (initially started at $6400).
Obviously there's something going on with the area. The wife isn't going to sell hers.
I'm just wondering if any TBHers have any specific info on oil/gas production in the area. Or any insight into Chesapeake's activity there.
Thanks
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