Block 34 section 63 ward co

Matthew Christy · 2017-05-13T22:16:42Z

I have 31 acres in Block 34 Section 63. It shows there is an oil well (green dot) in the top right corner. I had a landman show me this but he said, "If you're not receiving royalty checks it's probably a mistake on the RRC map, I don't know?" I'm interested in selling at the right price but I don't know what the price is. I had an offer from Texas Energy for $17k and I was given an agreement to sign. I spoke with a lawyer; he advised me not to sign any agreements till the check amount is listed. So I asked the landman what's the check. He said, "Since their deed back in 1941 where my grandparents signed sold/released 1/4 of their royalties to some person." The landman said the check with the burden would be around $245k. It doesn't add up when the offer is $17k. My lease expires Jan 3, 2018.

Texas Mineral Rights Ward County, TX

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