Two years ago I sold 1/2 the mineral rights under my farm. I signed a lease renewal for the remaining oil & gas rights with Gulfport. I was looking through the documents for the Belmont County Recorders office and I found a "partial release of oil & gas lease". Gulfport apparently sold my lease to the company that bought the other 1/2 of my oil & gas rights. I'm trying to figure out why this company bought the lease. They are a small oil drilling company in Oklahoma but as far as I know they haven't done any drilling around here. The only reasons for them to buy it that I can think of would be for them to make money with the lease somehow. The only ways I can think of would be to drill a well or resell the lease for a higher price.
Does anyone else have any ideas why this this sale would take place?