Purchase offers page
12/1/2010 - We have been approached by a RE agent inquiring about the surface rights – no $ discussed but interest is being shown by the land owner immediately to the south. I was told the buyer was looking purchase the land to connect two other parcels to make on contiguous one to pass to their kids. It doesn't make sense to me as both other parcels are to our south. I believe it is to line up land / wind rights in anticipation of future wind farm development.
Olsen Offer: We have received a 1.2 million dollar offer on the whole shebang – oil and minerals for the whole parcel – the offer was contingent on all owners selling and that didn’t happen. The price came in at $145/acre for the whole 8,281 acres. We could almost realize that same amount from just the sale of the surface rights to the 2805 acres we hold, based on what is being asked for similar property, (>$300.00/acre) in the area .