# Have offer for Yoakum county, I'm new to this and need advice

**URL:** https://www.mineralrightsforum.com/t/have-offer-for-yoakum-county-im-new-to-this-and-need-advice/5613
**Category:** Texas Mineral Rights
**Created:** [January 28, 2016, 5:19pm UTC](https://www.mineralrightsforum.com/t/have-offer-for-yoakum-county-im-new-to-this-and-need-advice/5613 "2016-01-28T17:19:25Z")
**Posts on this page:** 2
**Page:** 1

<div class="post-metadata">

### Author: ![alex\_goolsby](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/e56c9b/32.png) [@alex\_goolsby](https://www.mineralrightsforum.com/u/alex_goolsby)
#### Post date: [January 28, 2016, 5:19pm UTC](https://www.mineralrightsforum.com/t/have-offer-for-yoakum-county-im-new-to-this-and-need-advice/5613/1 "2016-01-28T17:19:25Z")

</div>

I own a 1/30 share (21.66 acres) of 650 pooled acres in Yoakum County (Section 89, Block D, Abstract 601, John H. Gibson Survey). I actually control 2 such sections but one is already leased.

I have an offer from KLMC for $350 NMA and a 1/5 royalty. This is a bit more than I was given for this back in 2011, which surprises me since oil prices are now so low, but I really know very little about all this.

Is this a fair offer? Anyone know what is going on in this area? Thank you.

---

<div class="post-metadata">

### 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, 11:21pm UTC](https://www.mineralrightsforum.com/t/have-offer-for-yoakum-county-im-new-to-this-and-need-advice/5613/2 "2018-08-14T23:21:29Z")

</div>


