# Net Mineral Acres/Offer to Purchase

**URL:** https://www.mineralrightsforum.com/t/net-mineral-acres-offer-to-purchase/71719
**Category:** McKenzie County, ND
**Created:** [July 26, 2023, 11:36pm UTC](https://www.mineralrightsforum.com/t/net-mineral-acres-offer-to-purchase/71719 "2023-07-26T23:36:44Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![TheStockster](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/838e76/32.png) [@TheStockster](https://www.mineralrightsforum.com/u/TheStockster)
#### Post date: [July 26, 2023, 11:36pm UTC](https://www.mineralrightsforum.com/t/net-mineral-acres-offer-to-purchase/71719/1 "2023-07-26T23:36:44Z")

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Hello all…

As noted in previous posts, we have mineral rights in McKenzie (32-150-96). We were recently contacted and an unsolicited offer was made for less than 20 acres of mineral rights. Does anyone have any idea of what mineral rights are worth in the STR noted above? I will note that it looks like at least five new wells are permitted and/or being drilled and I think we have rights associated with these wells.

Also, I am not sure there are not more mineral acres than are noted since we don’t have copies of the leases (inherited rights). But, for this question, let’s assume the number of acres is between 5 and 20.

As always, I really appreciate any information/advice given here. Thank you!

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [July 27, 2023, 12:35pm UTC](https://www.mineralrightsforum.com/t/net-mineral-acres-offer-to-purchase/71719/2 "2023-07-27T12:35:24Z")

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If you have five new wells about to be drilled, then the price offered is very likely low. Many buyers only offer the value of the current production and plan to make a profit off of any new wells.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [October 24, 2023, 11:37pm UTC](https://www.mineralrightsforum.com/t/net-mineral-acres-offer-to-purchase/71719/3 "2023-10-24T23:37:22Z")

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