7s 1E 26 love county offer to purchase

Received letter today advising of a offer to purchase this tract for $1960per acre @1/5th royalty among others. The last offer 2-3 years back was half of this I believe. I had completely forgot about it. Is this a gd offer? Should i try for better? Unsure of amount of acres owned by me a small I never followed it much. The company want to purchase is boomslang. Thanks in advance!

That seems a little low to me, if you are wanting to sell I’d recommend getting at least another offer prior to making final decision.

Looks like Macondo Fund IV, Acoma energy and Palmetto energy are some of the most active groups buying minerals in that area. Might be worth trying to reach one of those groups to see if they’d be interested.