I am part of 20 member family group owning 120 NMA in Cooke & Grayson Co, Texas.
We’ve been approached in the last 3 months by 4 landmen of behalf of 2 or more companies.
Some question as I’m just getting started.
- Why would they want to buy vs. lease?
- General way to evaluate offer price & terms ? Does an attorney help ?
- What is causing the activity ?
- Offer is $2330/NMA - thoughts ?