# 29-16n-11w

**URL:** https://www.mineralrightsforum.com/t/29-16n-11w/4867
**Category:** Blaine County, OK
**Created:** [July 6, 2016, 11:26pm UTC](https://www.mineralrightsforum.com/t/29-16n-11w/4867 "2016-07-06T23:26:57Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![Steven\_D\_Dingman](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/a8b319/32.png) [@Steven\_D\_Dingman](https://www.mineralrightsforum.com/u/Steven_D_Dingman)
#### Post date: [July 6, 2016, 11:26pm UTC](https://www.mineralrightsforum.com/t/29-16n-11w/4867/1 "2016-07-06T23:26:57Z")

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Three members in our family share mineral rights in 60 acres at 1/8 royalty. Since my original posting we have received numerous offers from 5-6 companies. The latest offer was for $8,450 (3/16) which equates to $5,633 per acre @ 1/8.

This offer seems low compared to some that I have seen on this forum. Does this seem like a reasonable offer considering where our mineral rights are located?

I appreciate any assistance!

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### Author: ![Steven\_D\_Dingman](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/a8b319/32.png) [@Steven\_D\_Dingman](https://www.mineralrightsforum.com/u/Steven_D_Dingman)
#### Post date: [July 18, 2016, 12:57pm UTC](https://www.mineralrightsforum.com/t/29-16n-11w/4867/3 "2016-07-18T12:57:51Z")

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Thanks Cecil.

Our latest offer was $11,200 (3/16)

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### Author: ![Bruce\_Wilkinson](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/ecb155/32.png) [@Bruce\_Wilkinson](https://www.mineralrightsforum.com/u/Bruce_Wilkinson)
#### Post date: [July 30, 2016, 3:08am UTC](https://www.mineralrightsforum.com/t/29-16n-11w/4867/4 "2016-07-30T03:08:54Z")

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Who was the $11,200 offer from?

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### Author: ![Steven\_D\_Dingman](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/a8b319/32.png) [@Steven\_D\_Dingman](https://www.mineralrightsforum.com/u/Steven_D_Dingman)
#### Post date: [July 30, 2016, 11:03am UTC](https://www.mineralrightsforum.com/t/29-16n-11w/4867/5 "2016-07-30T11:03:54Z")

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Last offer was $13,050 (3/16) or $8,700 (1/8) from Echo.

Crestwood Exploration is competing with them.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:09pm UTC](https://www.mineralrightsforum.com/t/29-16n-11w/4867/6 "2018-08-14T23:09:31Z")

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