Hi, I have been lurking here off and on for awhile, trying to understand this mineral stuff. My husband has 2 properties in TX that he inherited and has been getting about $100/year from each property the last couple of years. His sister helped him sell part of one property a couple of years ago. She told us they sold it all, but he still gets checks so I guess they only sold part of it.
We don’t know much at all about this. We would like to sell the properties if we got a good offer. We were contacted by Flatland Minerals last week saying to contact them if we were interested in selling. We emailed them a copy of the check statement for one property. The other property we haven’t gotten anything from since last fall.
Flatland Minerals replied, saying, “Let me get an evaluation together for you. Is there an offer that moves the needle for you?”
We have no info at all aside from the check statement, (which I am attaching here) so we really don’t know what a good offer might be. Any suggestions?
Check statement with personal info blacked out: