Out of nowhere, my wife received a Mineral and Royalty Conveyance from Enerlex, Inc. in Broken Arrow, Oklahoma offering to buy her mineral rights to I RR Co Survey, Section 59-Ab. 543, Section 61-Ab. 544 & Section 74-Ab. 958 in Frio and La Salle counties, Texas. Offered price is $3,100.
We have no idea how she has an interest in these wells and how her name came up.
I’ve looked at the survey map but have no idea what I am looking at.
So, the questions:
- Is there any potential upside above $3,100 for these wells or should we take the offered price and run?
- If there is a possibility of money above the $3,100 offered price, where do we start?
We’re totally clueless in Colorado.
Thank you for any assistance you can give us.