posted 11 years ago
i would be wary of a property that i didnt own the mineral rights to, ESPECIALLY if oil and gas development is in the area.
we actually pulled out of a ~960ac ranch property for that exact reason.
As for buying the rights back, i would think its possible. if you can get a hold of the person who owns the rights, they may be willing to sell them.
if not, realize you do not own the minerals under your property. i am not sure on specifics, but i know in my case, the mineral rights owner would have been able to drill if they could procure the water, regardless of what i wanted/thought.
good luck
http://www.cloud9farms.com/ - Southern Colorado - Zone 5 (-19*f) - 5300ft elevation - 12in rainfall plus irrigation rights
Dairy cows, "hair" sheep, Kune Kune pigs, chickens, guineas and turkeys