Just got another offer to buy my mineral rights in 9-7-6. Not selling. But for general interest here are details:
85 NMA, $21,000 per NMA at 3/16 royalty, total $1,785,000. Offer from The Mineral Resources Company. Offer by mail enclosed a contract and a deed. Not selling… at my advanced age it would just create estate problems, income tax problems, etc., etc. (If I were inclined to sell I would never handle this much money without a formal closing with exchange of $ for deed).
Some of these offers that I am getting lately make me wonder just how serious the offeror might be, or whether it is to get the commitment from me in order to flip to a serious buyer.
Anyone know who this outfit is? Based in Oklahoma City.