Posted by notjustair on January 14, 2016 at 20:24:06 from (70.195.8.203):
I got out the books and did some looking - all total the land going up for sale around the farm is close to 220 acres. There is a 110 acre chunk on the north side of the road. That one I had figured in my head. I didn't realize the other patch was that big - I have been haying nearly half of it for ages.
The energy company has had a survey and appraisal done. The honcho is emailing me particulars on the mineral rights and production but the rights go with it and production is around 10 barrels a day. These wells also produce natural gas but it is off-gassed. At one time the house was hooked to one of the wells before it was split up. That may be an option in the future.
A sister-in-law works with FSA so I have talked with her and gotten that ball rolling. As someone mentioned, land adjacent to your farm comes up for sale about once in your life. I'd regret not buying it just as much as I would hate loosing that many acres to farm. It has some of the best dirt I farm and some of the toughest. More than any of that, it would ensure that some cidiot doesn't decide to buy it and do something stupid. It would really annoy me to have someone else between my farm and the quarter of ground I already own to the east. They aren't making any more land. I might as well hoard it!
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