# Offer to buy mineral rights

**URL:** https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467
**Category:** Blaine County, OK
**Created:** [September 1, 2016, 11:34pm UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467 "2016-09-01T23:34:20Z")
**Posts on this page:** 10
**Page:** 1

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### Author: ![Ronald\_P\_Elliott](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/439d5e/32.png) [@Ronald\_P\_Elliott](https://www.mineralrightsforum.com/u/Ronald_P_Elliott)
#### Post date: [September 1, 2016, 11:34pm UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467/1 "2016-09-01T23:34:20Z")

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I have owned mineral rights in Blaine County for many years - did not even realize if it had

value until I started getting unsolicited offers. I have 36 acres in Section 20, Township 16,

Range 11 West and I have been offered $7,500.00 per acre. Could anyone please tell me if

this is a good offer? I have very little knowledge about this type of transaction and I would

appreciate any help or advice that could be given.

Thanks

Ronald Elliott

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### Author: ![Marcus\_T](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/ce73a5/32.png) [@Marcus\_T](https://www.mineralrightsforum.com/u/Marcus_T)
#### Post date: [September 2, 2016, 1:12am UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467/2 "2016-09-02T01:12:01Z")

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Ronald - I believe that is on the low side from what others have posted. That is a very hot area of Blaine County and, honestly, one of the hottest areas in the nation right now. If you look through the Blaine discussions I think you’ll see some of the other offers.

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### Author: ![Ronald\_P\_Elliott](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/439d5e/32.png) [@Ronald\_P\_Elliott](https://www.mineralrightsforum.com/u/Ronald_P_Elliott)
#### Post date: [September 2, 2016, 1:45am UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467/3 "2016-09-02T01:45:44Z")

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Thank you very much for your reply and information, I will continue to check around in the Blaine area and see what I can come up with

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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: [September 2, 2016, 12:37pm UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467/4 "2016-09-02T12:37:50Z")

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Very low offer. Friend me with the icon on the left and we can chat privately.

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### Author: ![Patrick\_Folgers](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/ea5d25/32.png) [@Patrick\_Folgers](https://www.mineralrightsforum.com/u/Patrick_Folgers)
#### Post date: [September 10, 2016, 3:24am UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467/5 "2016-09-10T03:24:16Z")

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Without knowing the details of the lease holding your minerals, like the royalty percentage, it could possibly be a very good offer. However, if the lease has a 25% royalty and pugh clauses, it is a low offer. When selling minerals you need to convert your mineral rights to royalty acres. Feel free to message me with questions, or combining your minerals with others to get a better price.

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### Author: ![Bart\_davis](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/bart_davis/32/451_2.png) [@Bart\_davis](https://www.mineralrightsforum.com/u/Bart_davis)
#### Post date: [September 23, 2016, 4:46pm UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467/7 "2016-09-23T16:46:11Z")

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I just sold some small acreage I had in 16-11 on a 3/6 for 12k per acre. You’re getting lowballed.

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### Author: ![Larry\_Z](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/l/73ab20/32.png) [@Larry\_Z](https://www.mineralrightsforum.com/u/Larry_Z)
#### Post date: [September 27, 2016, 3:09pm UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467/8 "2016-09-27T15:09:26Z")

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What’s the latest information in Section 23-16N-11W?

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### Author: ![Larry\_Z](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/l/73ab20/32.png) [@Larry\_Z](https://www.mineralrightsforum.com/u/Larry_Z)
#### Post date: [September 27, 2016, 3:10pm UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467/9 "2016-09-27T15:10:49Z")

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Also, 24-16N-11W?

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### Author: ![PT\_Brown](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/76d3ee/32.png) [@PT\_Brown](https://www.mineralrightsforum.com/u/PT_Brown)
#### Post date: [September 28, 2016, 2:59pm UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467/10 "2016-09-28T14:59:09Z")

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If you don’t mind me asking, who did you sell to Bart? Could you email me at [ptbrown11@hotmail.com](mailto:ptbrown11@hotmail.com)?

Thanks!

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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: [August 14, 2018, 11:03pm UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/4467/11 "2018-08-14T23:03:16Z")

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