# Need help understanding offer received for Lots 1 and 2 and S/2 NE/4 of Section 6 Township 16N Range 7W I.M. - Kingfisher County
**URL:** https://www.mineralrightsforum.com/t/need-help-understanding-offer-received-for-lots-1-and-2-and-s-2-ne-4-of-section-6-township-16n-range-7w-i-m-kingfisher-county/2001
**Category:** Kingfisher County, OK
**Created:** [September 15, 2017, 4:59pm UTC](https://www.mineralrightsforum.com/t/need-help-understanding-offer-received-for-lots-1-and-2-and-s-2-ne-4-of-section-6-township-16n-range-7w-i-m-kingfisher-county/2001 "2017-09-15T16:59:58Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Sue\_Sharp](https://www.mineralrightsforum.com/u/Sue_Sharp)
#### Post date: [September 15, 2017, 4:59pm UTC](https://www.mineralrightsforum.com/t/need-help-understanding-offer-received-for-lots-1-and-2-and-s-2-ne-4-of-section-6-township-16n-range-7w-i-m-kingfisher-county/2001/1 "2017-09-15T16:59:58Z")
My grandmother gave me a net 7 mineral acres of a 125-acre plot in Kingfisher County in 1988. The legal description is: Lots 1 and 2 and S/2 NE/4 of Section 6 Township 16N Range 7W I.M. - Kingfisher County.
I have recently received a letter from a land man with an offer to purchase. I know better than to take a first offer. I gather from this forum there is drilling going on but I can’t quite figure out how it relates to what I own and what I can expect…
Any information and help would be greatly appreciated. Should I consider selling or keeping? That kind of thing.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [September 15, 2017, 5:10pm UTC](https://www.mineralrightsforum.com/t/need-help-understanding-offer-received-for-lots-1-and-2-and-s-2-ne-4-of-section-6-township-16n-range-7w-i-m-kingfisher-county/2001/2 "2017-09-15T17:10:46Z")
You are about to get a horizontal well by Devon which is why you are getting the offers. I would suggest hanging onto it as it should be a good well. The section to the SE of you has six wells, so the potential for you to have quite a few wells in the future is high. The group offering to buy is hoping you don't know that and will take their "low" offer.
To get a general idea of what is going on in the area, look up the most recent investor presentations for Devon, Newfield and Marathon online. Friend me if you want more info. I have acreage close to you.
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### Author:  [@Sue\_Sharp](https://www.mineralrightsforum.com/u/Sue_Sharp)
#### Post date: [September 16, 2017, 3:22am UTC](https://www.mineralrightsforum.com/t/need-help-understanding-offer-received-for-lots-1-and-2-and-s-2-ne-4-of-section-6-township-16n-range-7w-i-m-kingfisher-county/2001/3 "2017-09-16T03:22:35Z")
Thanks so much for the info. I’ll friend you as soon as I figure out how to do that.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:07pm UTC](https://www.mineralrightsforum.com/t/need-help-understanding-offer-received-for-lots-1-and-2-and-s-2-ne-4-of-section-6-township-16n-range-7w-i-m-kingfisher-county/2001/4 "2025-01-11T18:07:53Z")