# Offer to purchase Eddy County Override

**URL:** https://www.mineralrightsforum.com/t/offer-to-purchase-eddy-county-override/48312
**Category:** Oil and Gas Leasing Help
**Created:** [July 11, 2019, 5:05pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-eddy-county-override/48312 "2019-07-11T17:05:12Z")
**Posts on this page:** 2
**Page:** 1

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### Author: ![KissyG](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/k/6de8d8/32.png) [@KissyG](https://www.mineralrightsforum.com/u/KissyG)
#### Post date: [July 11, 2019, 5:05pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-eddy-county-override/48312/1 "2019-07-11T17:05:12Z")

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Just got an offer to sell the following.

.500% overriding royalty under Federal Lease No. NMNM-06789 covering Township 20 South, Range 30 East, Section 35: S2

320 Gross Acres, Net Royalty Acres 12.80

This is property we inherited and didn’t know we owned. The other 50% belongs to another family member. They are offering $4,500 per net royalty acre.

They are doing the title search.

What are we really selling? Is this a fair price? Should we have been paying taxes or receiving royalties on this?

Any help is appreciated.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:26pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-eddy-county-override/48312/3 "2025-01-11T19:26:32Z")

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