America’s conversation place for mineral owners
When my Mother passed away a few years ago, I inherited some mineral rights in North Dakota. I have no idea where that info package is, but would sure like to find out some general info, like whether or not they're re-starting fracking anywhere. How would I go about checking on that? Do they just need my Mom's full name?? Thanks for any guidance!
DO YOU KNOW WHAT COUNTY OR COUNTIES THE RIGHTS ARE IN? IF SO, YOU CAN GAIN THE OTHER KNOWLEDGE YOU NEED RELATIVELY INEXPENSIVELY.
HOW MUCH DO YOU KNOW??? I CAN GIVE YOU A BETTER ANSWER TO THE $$$ QUESTION WITH THAT KNOWLEDGE.........OR AT LEAST A SHORTER EXPLANATION. WHAT YOU REALLY NEED IS A LEGAL DESCRIPTION OF ACREAGE INVOLVED.
Thanks for your response, John! I believe the rights are for land somewhere near Hazen; perhaps then I should start somewhere around the Recorder's Office for whatever county that falls in? I know the info you cited as being necessary to hone in on specific facts exists somewhere in my messy home office, so I likely won't be able to take the next step without first finding that documentation. Sigh. I doubt we're talking millions of dollars, but whatever the worth, I'd sure hate for it to go to bureaucrats! As to gaining info "relatively inexpensively", to what type of firm would I direct my inquiries once I lay hands on the specifics... Thanks again! So kind of you to post a reply...
I have an associate who focuses on North Dakota. I can send you his contact info to see if he would be interested in helping you out. He typically buys and sells interests, so I don't know if he would be willing to do day work for a fee. I will send you a friend request so we can connect and I will share his info.
Thanks! I'm actually interesting in selling, so it might be a good match...
Why would you be "interested" in selling something you know nothing about?
A bit snarky, don't you think? Don't assume I'm ignorant... I would not sell the rights without knowing all my options, as well as assessing the value of those rights before making any decisions. At this point, I'm simply asking questions. If it doesn't make business sense to sell, I won't. On the other hand, I'm currently considering liquidating some assets to invest in other opportunities. As a government contract negotiator for over 35 years, I'm generally fairly business-savvy.
BTW, it's Mercer County...
I encourage you to consider the comment of Ms Malone above - like in any economic enterprise, there are plenty who are happy to take advantage of ignorance. Learning about what you own is the first best course of action.
Please see my response to Ms. Malone. My being "ignorant" of something right now doesn't mean I'll STAY ignorant... Do you guys really run into that many stupid people who rush to consummate deals without doing their homework first?? Wow, that would be almost unbearably irritating.