# Energy Companies offering to purchase mineral rights
**URL:** https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473
**Category:** Woods County, OK
**Created:** [August 31, 2012, 12:44am UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473 "2012-08-31T00:44:37Z")
**Posts on this page:** 11
**Page:** 1
### Author:  [@Patricia\_Ferguson](https://www.mineralrightsforum.com/u/Patricia_Ferguson)
#### Post date: [August 31, 2012, 12:44am UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/1 "2012-08-31T00:44:37Z")
I leased my minerals to Chesapeake last fall and received a very small royalty check in August. However, during the past year, I have received offers from two other companies to purchase the leased minerals, actually two offers from one company. I have rejected both offers for personal reasons. Is this a common practice?
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### Author:  [@Nick3](https://www.mineralrightsforum.com/u/Nick3)
#### Post date: [August 31, 2012, 1:08am UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/2 "2012-08-31T01:08:44Z")
Without any factual knowledge of your situation, it sounds like someone believes, in time, your royalties will be worth more than they may appear to be.
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### Author:  [@Matthew1](https://www.mineralrightsforum.com/u/Matthew1)
#### Post date: [August 31, 2012, 1:07pm UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/3 "2012-08-31T13:07:16Z")
I agree with Nick. Someone believes that your minerals will be much more valuable very shortly. Could be a sign of future drilling activity with deeper wells, additional wells, or both.
Hang on to them if you can and if you can’t and you need cash now and this is your only asset, only sell half.
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### Author:  [@Lora\_Lunden](https://www.mineralrightsforum.com/u/Lora_Lunden)
#### Post date: [September 6, 2012, 3:09pm UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/4 "2012-09-06T15:09:49Z")
Chesapeake contacted me and then the guy disappeared. A lady wrote to me and she also has not responded. Who are you dealing with?
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### Author:  [@Patricia\_Ferguson](https://www.mineralrightsforum.com/u/Patricia_Ferguson)
#### Post date: [September 9, 2012, 11:07pm UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/5 "2012-09-09T23:07:22Z")
Nick and Matthew, those were my feelings exactly, so I have decided to hang in there and see what Chesapeake does. Lora, was Chesapeake trying to lease your mineral rights or buy them outright? I am one year into a 3-year lease with Chesapeake. Dealing with two smaller companies who have interests in Woods County evidently but are trying to amass more. Aegis and Mayhawk are the names. I turned down both offers.
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### Author:  [@Lora\_Lunden](https://www.mineralrightsforum.com/u/Lora_Lunden)
#### Post date: [November 8, 2012, 5:44pm UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/6 "2012-11-08T17:44:22Z")
They offered me a 3 year lease but didn’t respond after I sent what they asked for. Then Jay who I was dealing with left the company and someone else contacted me, and also quit responding.
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### Author:  [@Matthew1](https://www.mineralrightsforum.com/u/Matthew1)
#### Post date: [November 9, 2012, 5:31pm UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/7 "2012-11-09T17:31:20Z")
Is the mineral interest in your own name?
Where is the mineral interest located? Section Township Range?
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### Author:  [@Lora\_Lunden](https://www.mineralrightsforum.com/u/Lora_Lunden)
#### Post date: [November 9, 2012, 7:31pm UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/8 "2012-11-09T19:31:06Z")
I believe it is still in my Father’s name as he is on the list but so is my Grandfather and he is the one who reserved the rights when he sold the land. When my Father passed away, we were not told by our Uncles who were the administrators that there were any mineral rights. My Grandfather put my Father’s share of the inheritance into a trust at my Father’s request before they both passed away.
24 28N 17W
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### Author:  [@Matthew1](https://www.mineralrightsforum.com/u/Matthew1)
#### Post date: [November 9, 2012, 8:06pm UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/9 "2012-11-09T20:06:08Z")
What is your father’s name and grandfather’s name?
If you would rather not post the name publicly, (EDITED - Use the private messaging system for contact information)
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### Author:  [@Lora\_Lunden](https://www.mineralrightsforum.com/u/Lora_Lunden)
#### Post date: [November 9, 2012, 8:31pm UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/10 "2012-11-09T20:31:27Z")
(EDITED - Use the private messaging system for contact information)
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 3:27am UTC](https://www.mineralrightsforum.com/t/energy-companies-offering-to-purchase-mineral-rights/20473/11 "2018-08-15T03:27:25Z")