I don’t know your offer, but I would NOT sell. EOG has plans to drill that area. If there is an option period… which I think they had on all their leases in that area, you would be getting another $1,200/acre in 2 years which is $82,000. An example of royalty on your 68 acres… say in a 1200-acre unit/pool that 1 well averages 300 barrels per day first year at $70/barrel and 22% royalty you would get $95,000 the first year alone… this size of unit could have up to 6 wells… so $565,000 just the first year on these wells alone… this is assuming you have 100% of the mineral rights for the 68 acres. If you need the money desperately… then I always figure $5,000/acre minimum which would be $340,000… but I would hold these. Matrix is drilling 4 new units bordering your place on the west as we speak… and EOG has committed 5 billion to this area alone… they are starting on the south play by US 90A Hallettsville-Shiner road, and another 1288-acre unit on the north end of their play close to Moravia/Breslau that will go up in October. This well is a test for the upper Eagleford, lower Eagleford and Austin Chalk… they are doing 3 wells on this unit back to back. Looks like they have about 25-30 units 35,000 acres to drill out, and will be using 2-5 rigs coming in shortly… Also looks like just lower Eagleford wells on the southern end of the play…