I am new to this, having inherited mineral rights. I am very uniformed. Any help will be greatly appreciated.
We have an offer from Penterra Services (Sooner Trend Minerals) for 32 acres (1/8th royalty acres) for purchase at $12,000 per acre. This is for section 34, 15N, 10W.
I don't know if this is a good deal.
I don't know how to research the market in this area.
I don't know anything about selling.