We are in the West Texas cattle ranching business and oil/gas business. We have an opportunity to purchase a SE Colorado 20,000 acre ranch that has a 5500 acre wind turbine lease (37 years remaining) (paying $90,000.00 annually)
We are wanting to put together an investment group who are familiar with mineral-oil/gas, wind turbine and cattle ranching. The ranch will backround about 2300 stocker cattle during the summer. The existing wind turbine lease is operated by a multi-national European company and they are wishing to expand the field. The ranch adjoining is also available and the wind rights are included in the sale for $230/acre. We also anticipate acquiring all mineral rights with the ranch and possibly explore deep formation gas wells.
We would prefer equity partners, but will also operate as managers for the ranch.