Lease Offer

Kenneth W Hill · 2015-01-21T22:24:03Z

Hello Everyone, My wife's family have received a lease offer for mineral rights in Archer County of $50 for 5 years. The only identification we have is that it is for 147.2 acres in Block 132 of the James Nelson Survey. I have not been able to positively locate this property since I live in Montgomery County, Texas and have not had an opportunity to do a courthouse search. There is an abandoned well on this property that was last active in 1995. Do you think this is a reasonable offer?

Texas Mineral Rights Archer County, TX

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