Have several offers to purchase my acres. Is there activity close? Is $10k per nma a fair price?
We leased in Sections 2 and 11, Township 7 North, Range 7 West, three years ago for $4,500 and 20% for three years. Camino is drilling now. I would hold on. Look at the maps to determine if you are close to the pool and you can make a better decision. I would hold on myself.
Thank you for the information.
Offers are usually lowball. You did not say which royalty was associated with it.