I had an old farmhouse on 37.44 acres that I bought in 2007. My new wife got pregnant and the house was in need of repairs so we put it on the market. I had 1/2 mineral rights and 75% executive rights, which really was greek to me since this was my first home. I had it listed for 168,000---I paid 145,000. In April 2010 a company named EFS Property 1, LLC wanted to buy it, but only if they could have my mineral rights. They only wanted to offer me 150,000 because they said the soil might be contaminated from old gas and oil activity. I had no knowledge at the time that oil companies were wanting to lease land in that area. My wife and I had already moved to LaVernia a few months prior to that. I counter offered with 160,000 and they accepted. Now I learn that they ( EFS Property 1 LLC ) turned right around and leased it out to Texas Crude Energy and they have tore down the farm house and put a rig right there. This company sent me a Use and Possession Affidavit to sign this past April. I have yet to sign it.
About 3 weeks after I sold the property (May 2010) I started getting all these offers from several companies to lease my property. I feel kind of used since this company had prior knowledge about what was happening out there. I was curious if this happened to anyone else,
and if there is any kind of legal steps I can take to maybe at least get my mineral rights back?