I am apparently being trolled by folks who want my deceased mother’s oil and gas interests. We apparently own the following:
Township 10 North, Range 60 West, 6th P.M. Section 13: SE/4 Section 23: NE/4, E/2 NW/4, NE/4SW/4, N/2SE/4, NW/4NW/4
…and have been made an offer for ownership of this holding. I am not sure how to determine whether the offer is a fair one, or whether to hold onto it for future. There was discussion of upcoming legislation in incorporated Weld County that might effect areas near Greeley, but this holding is farther north in the “Grover Extension.”
Questions to this forum: how to determine the value of all our holdings in the area (this is only a small portion) and who to contact to determine whether a sale is necessary at this point or do we hold on? I would love a recommendation for a petroleum engineer in the area who might be able to help me better understand the political and actual situation in the area?
Thanks for any advice you have.