3 ms·
One of our company offices is in Detroit Lakes, MN, very close to the ND border. The fact of the matter is that this oil boom has made many, many ND farmers ins
by cabinguy 14y ago
One of our company offices is in Detroit Lakes, MN, very close to the ND border. The fact of the matter is that this oil boom has made many, many ND farmers instant millionaires. If oils is found on their land they are receiving huge royalty checks ($500k+ per month).
It is true that mineral rights are often not included in the sale of real estate in this part of the country...but the royalty checks they receive for allowing the oil companies to drill create generational wealth.