I received a phone call from Val Verde Minerals/Royalty Company, LLC last week informing me I inherited Mineral interest in Howard County, TX.
Sec. No. 47, Block 32 Township 1 South, 640 gross acres/ 20 Net The Partial Sec. No. 103, Block 29 NW, 380 gross acres/ 12 Net Title chain states 1/48 ownership. They initially stated they thought the value was $60K -$70K. When they sent me the paperwork they offered $16K and said they confused the property. They gave me until May 1st to accept. I am LOST! I know nothing about this property, what I actually own, if it’s producing, drilled, etc. If it’s even a good deal or how to find out. Everything I have learned so far is from blogs I’ve read on this site. I don’t know who to contact to help me figure it out, landman, lawyer, assessor, who in Howard County??
Any leads to point me in the right direction is much appreciated!