I am 1/3 of a trust that owns the mineral rights to a total net 40 acres in Lincoln Colorado. Within the past year we have received a few letters from private buyers as well as companies expressing their interest in these rights. We have yet to entertain any preliminary offers so we would like to have a clear idea of what is reasonable for this area.
We are aware of the increased interest in the Niobrara Shale, but would appreciate any additional information pertaining to the speculation in this and surrounding areas. Thank you.