My Father received an offer
Township 10 North, Range 57 West, 6th P.M.
Section 30,:lot 1(36.95) Lot 2 (37.06 E2NW,NE
containing 314.01 gross acres and 10.0000 Mineral acres, more of less
bonus: $150.00 per net mineral acre
Royalty: 1/6th (16.6667%)
Term 5 years
My question, should we be interested in this offer. I'm sure my father knows about some of this but I don't and I want to make sure we are doing the right thing. Please help me understand the pros and cons.
Thanks,