# How much do you tell?

**URL:** https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070
**Category:** Blaine County, OK
**Created:** [January 12, 2018, 11:54pm UTC](https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070 "2018-01-12T23:54:14Z")
**Posts on this page:** 9
**Page:** 1

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### Author: ![Virginia\_Henley](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/v/e480ec/32.png) [@Virginia\_Henley](https://www.mineralrightsforum.com/u/Virginia_Henley)
#### Post date: [January 12, 2018, 11:54pm UTC](https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070/1 "2018-01-12T23:54:14Z")

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If you have more than one company seeking your business, do you tell what the latest offer is? I’m thinking “NO,” but I’ve never seen it discussed. A land man will often ask if I would mind telling what another offer is and who is making it. Any opinions out there please?

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### Author: ![Paul\_Edsall](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/paul_edsall/32/9663_2.png) [@Paul\_Edsall](https://www.mineralrightsforum.com/u/Paul_Edsall)
#### Post date: [January 13, 2018, 12:16am UTC](https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070/2 "2018-01-13T00:16:25Z")

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I’ve only encountered this happening once. I wouldn’t tell what other offer was. Said company asked how it was to know how much to offer if I didn’t tell, I answered you offer enough and I’ll let you know. Never heard back from them.

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### Author: ![Daniel\_A\_Webb](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/d/977dab/32.png) [@Daniel\_A\_Webb](https://www.mineralrightsforum.com/u/Daniel_A_Webb)
#### Post date: [January 13, 2018, 3:01am UTC](https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070/3 "2018-01-13T03:01:51Z")

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Hi, we own 20.9 acres in Blaine County, Ok. We’ve had over 6 written offers for our minerals. Every time we get an offer we copy it off and keep it. When we get other offers, we send the latest offer to the company with the most recent offer. Once the company sees our other offers are legitimate, most of the time they usually will offer a higher amount. It creates somewhat of a private bidding war! You can surf the Mineral Rights Forum for realistic offers for your minerals. You can email me if you like. [Wdanielsden@aol.com](mailto:Wdanielsden@aol.com) Danny

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### Author: ![Jeffrey\_Beunier](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/e5b9ba/32.png) [@Jeffrey\_Beunier](https://www.mineralrightsforum.com/u/Jeffrey_Beunier)
#### Post date: [January 13, 2018, 5:52pm UTC](https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070/4 "2018-01-13T17:52:33Z")

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It’s not uncommon to tell potential buyers what other offers you receive. Buyers know how legitimate other buyers are, and the likelihood they will close. Furthermore, due to the way the county recorders work, you can calculate the price paid per acre if you have completed your title work.

If you would like to discuss any deeper, please feel free to contact me at [jbeunier@frontrange-ep.com](mailto:jbeunier@frontrange-ep.com)

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### Author: ![Tom\_Ed\_Moore](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tom_ed_moore/32/2577_2.png) [@Tom\_Ed\_Moore](https://www.mineralrightsforum.com/u/Tom_Ed_Moore)
#### Post date: [January 14, 2018, 8:31am UTC](https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070/5 "2018-01-14T08:31:28Z")

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I always let the companies get into a bidding war over a lease. Remember, don’t jump too fast.

20 NMA can bring a large sum on a good well. Always remember that there are likely many production zones to be explored.

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### Author: ![Ryley\_Mitchell](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/258eb7/32.png) [@Ryley\_Mitchell](https://www.mineralrightsforum.com/u/Ryley_Mitchell)
#### Post date: [February 2, 2018, 1:48am UTC](https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070/6 "2018-02-02T01:48:41Z")

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Where are your minerals located?

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### Author: ![Daniel\_A\_Webb](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/d/977dab/32.png) [@Daniel\_A\_Webb](https://www.mineralrightsforum.com/u/Daniel_A_Webb)
#### Post date: [February 2, 2018, 2:27am UTC](https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070/7 "2018-02-02T02:27:36Z")

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Our minerals are in Section 22, Township 16N, Range 13W. You can call me 319-431-6700.

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### Author: ![Cam](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/cam/32/1779_2.png) [@Cam](https://www.mineralrightsforum.com/u/Cam)
#### Post date: [February 5, 2018, 6:22pm UTC](https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070/8 "2018-02-05T18:22:06Z")

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The method of calculating price per acre by counting the stamp fee paid on the deed is not always accurate. Whoever files the deed must be honest on the sale price for that method to work and I can tell you that a lot of the time they are not always honest because there is not really a way for the county to confirm the sales price…

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:19pm UTC](https://www.mineralrightsforum.com/t/how-much-do-you-tell/26070/9 "2025-01-11T18:19:37Z")

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