Let's see the current market prices of GMXR de-risked leases.
McKenzie cnty SE, 7117 net acres @ $25K/ac = $178M (by GMXR)
Billings cnty north, 9000 acres @ $10K = $90M (by CLR, WLL, XOM)
Billings cnty south, 1200 acres @ $6K = $7.2M (by WLL)
Stark cnty north, 3000 acres @ $10K = $30M (by WLL)
Stark cnty south, 7000 acres @ $4K = $28M (by CHK)
Richland cnty SE, 5000 acres @ $2K = $10M (wildcat, Elm Coulee analog)
Sheridan cnty SE, 1800 acres @ $2K = $2M (by MHR, BEXP)
WY leases Niobrara and under.
Platte/Laramie cnty, 25000 acres @ $3K = $75M (wildcat & Silo analog, adj BBG, SM)
TX leases, all depth under CVS, H/B.
CVS leases, 13000 acres @ $3K = $39M (by GMXR)
Haynsville/Bossier, 30000 acres @ $4K = $120M (by GMXR)
But when it comes to a fire sale, like the CVS sale last year, a major discount, i.e. 30%, may be applied.
OK UNCLE!!.. I'll take a .50 cent p/s buyout for all the assets..
They are not going to sell ND or MT land, they will likely sell nat gas lands in TX