# Mineral sale offer
**URL:** https://www.mineralrightsforum.com/t/mineral-sale-offer/54616
**Category:** Williams County, ND
**Created:** [January 7, 2020, 9:13pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616 "2020-01-07T21:13:08Z")
**Posts on this page:** 10
**Page:** 1
### Author:  [@Oldcoons](https://www.mineralrightsforum.com/u/Oldcoons)
#### Post date: [January 7, 2020, 9:13pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616/1 "2020-01-07T21:13:08Z")
Hi, I’m new here. Was hoping to get a little help. I have 20 mineral acres in 157-101-26 NE 1/4. There was a well put in production in 2011 and I have been receiving payments (not much) since then. Recently I’ve been getting lots of letters and a couple offers to purchase my interest. Seems to be about 2,000 per acre. Is there a reason I’ve all of a sudden been getting these offers? I inherited these back in 1980 or so and negotiated the lease in 2010… but 2k per acre just doesn’t seem worth it to me even though I’m not getting much out of it anymore. I’m 53 and we don’t have children. We don’t need the money but a nest egg doesn’t hurt either I suppose. Thanks for any input!
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [January 7, 2020, 9:23pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616/2 "2020-01-07T21:23:41Z")
Sections 25 & 36 and 13 & 24 to the east each have a new permit in Dec 2019 for an additional two section well in each of them, so probably the interest is due to those wells.
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### Author:  [@Oldcoons](https://www.mineralrightsforum.com/u/Oldcoons)
#### Post date: [January 7, 2020, 9:35pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616/3 "2020-01-07T21:35:57Z")
Thank you for your time! Does 2k per acre seem very low?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [January 7, 2020, 9:42pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616/4 "2020-01-07T21:42:06Z")
I do not know the going rates in ND, but in general my feeling is that first offers are usually lower than what a company will ultimately go with.
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### Author:  [@Oldcoons](https://www.mineralrightsforum.com/u/Oldcoons)
#### Post date: [January 7, 2020, 10:04pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616/5 "2020-01-07T22:04:34Z")
Thank you again for your time.
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### Author:  [@DRontal](https://www.mineralrightsforum.com/u/DRontal)
#### Post date: [January 10, 2020, 3:42pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616/6 "2020-01-10T15:42:48Z")
That offer sounds low. I’d shop it to some reputable mineral buyers in the basin and I suspect you could do better.
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### Author:  [@Oldcoons](https://www.mineralrightsforum.com/u/Oldcoons)
#### Post date: [January 10, 2020, 6:43pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616/7 "2020-01-10T18:43:28Z")
Kind of what I thought too. Thank you
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### Author:  [@maxroyalty](https://www.mineralrightsforum.com/u/maxroyalty)
#### Post date: [January 16, 2020, 6:51pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616/10 "2020-01-16T18:51:07Z")
For those sections, you should see offers in the $3,000-$4,000/acre range.
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### Author:  [@Oldcoons](https://www.mineralrightsforum.com/u/Oldcoons)
#### Post date: [January 16, 2020, 7:14pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616/11 "2020-01-16T19:14:50Z")
Thank you for your response. That’s kind of where I thought as well.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [March 7, 2020, 9:13pm UTC](https://www.mineralrightsforum.com/t/mineral-sale-offer/54616/12 "2020-03-07T21:13:08Z")
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