# Surprised by New Offer to buy Mineral Interests in 4-16N-05W
**URL:** https://www.mineralrightsforum.com/t/surprised-by-new-offer-to-buy-mineral-interests-in-4-16n-05w/49233
**Category:** Kingfisher County, OK
**Created:** [August 1, 2019, 10:24pm UTC](https://www.mineralrightsforum.com/t/surprised-by-new-offer-to-buy-mineral-interests-in-4-16n-05w/49233 "2019-08-01T22:24:34Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@kathleen1229](https://www.mineralrightsforum.com/u/kathleen1229)
#### Post date: [August 1, 2019, 10:24pm UTC](https://www.mineralrightsforum.com/t/surprised-by-new-offer-to-buy-mineral-interests-in-4-16n-05w/49233/1 "2019-08-01T22:24:34Z")
We were contacted saying we were heirs to 12.5 acres of mineral interests in 4-16N-05W. The offer is $4k per acre. We really do not know what to do with this. Is this a good offer? Do we need to research the mineral deed/title? We were told there is a producing well but we do not see anything on the land. Any advice?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [August 2, 2019, 12:46am UTC](https://www.mineralrightsforum.com/t/surprised-by-new-offer-to-buy-mineral-interests-in-4-16n-05w/49233/2 "2019-08-02T00:46:16Z")
In my opinion, cold call offers are rarely in the mineral owner’s favor. I suspect that the offer is coming a from company that want to buy up your royalties in hopes of future wells being drilled. There is a lot of that going on right now. Quite a few increased density cases nearby, so that usually leads to massive offers. They usually know something the mineral owner doesn’t know. They certainly intend to make a quick profit. I would rather have that profit, so I hold onto mine!
You do have room for some more wells. I save the offers for reference, but do not answer them. Usually, they go up over time if there is planned drilling. First offers are usually low.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:07pm UTC](https://www.mineralrightsforum.com/t/surprised-by-new-offer-to-buy-mineral-interests-in-4-16n-05w/49233/3 "2025-01-11T18:07:40Z")