Please Need help cherokee county lease

Jamie Moseley · 2019-02-19T20:14:37Z

I need help. Recently I found that my father inherited land in Cherokee County Texas. He owns undivided mineral interest in 40 acres of the Lacy GB survey A-525. About a month ago I found out that 2 of my fathers distant relatives had leases out on this very land. I called East Texas Energy Corp, who took out the leases and left a message. They had a petrolium man call me the very next morning offering my father a lease as well. Problem is they are saying he holds very little interest because about 35 others could hold interest as well. Problem is they dont have leases out. There are only 3 that exist. 2 family members and my fathers. Also they are offering a 3 year lease with option to sign for 3 more. At $100 an acre. The last time a lease was done on this property was in 1983, a month before I was born. This land is very old. My family purchased it in 1897. I just want to do right for my dad.

Texas Mineral Rights Cherokee County, TX