I received a certified letter from a company wanting to discuss options on mineral rights in Wetzel County/Proctor District. I am 68 and I had no idea of this situation until opening and reading this letter. My questions is what do I need to do to proceed with this situation of 33+ acres that I know nothing about. I live in Oklahoma so I am at a disadvantage in trying to adequately research this, but I want to make sure of a fair valued option. The initial offer ($1550 lease/$2350 sell) discussed of these rights was not that substantial so any type of representation would most likely eat it all up, so do you just capitulate?
Any assistance is appreciated.