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I received an offer from Preston Ridge Oil, Addison Tx. to purchase my minerals outright. I sent Preston an email declining the purchase as my minerals are NEVER for sale------only lease. I was even sent an "advance" check for %500.00. In addition Preston sent a MINERAL & ROYALTY DEED form to have notarized for purchase. I thought sending the deed form was presumptuous. My minerals are in Hughes County, OK..............Leta C.
One more comment re Preston Ridge Oil. Preston offered me 3 (three) times above what I got for my original 'Lease Bonus.' My assumption is that my minerals, and yours have been researched by the Landmen, and our minerals have been determined to have solid hydrocarbon assets. My current royalties are small but add up over time. My research supports the finding of a rich supply of Natural Gas in the Woodford Formation where my minerals come from.................Leta C.