Fisher county questions

Davie T · 2023-02-17T02:37:05Z

My daughter inherited mineral rights of section121, block 2, abstract 126 in Fisher county. It may still be under mineral rights lease agreement with Gunn Oil. But got an offer from Norwood Land Services of $350 per mineral acre lease bonus; 3 year contract with 2 year option to renew at same bonus; 20% of oil and gas produced. First question, why would Norwood make an offer if Its still under lease with Gunn oil? Is Norwood offer a good deal for this area? Do you know of any drilling/activity in this area? I understand they just vertical drill, but do they fracture in this area? Thank you!

Texas Mineral Rights Fisher County, TX

Friedchicken February 20, 2023, 5:16am 3

Thank you very much Dusty!