Would really appreciate some advice here, I'm a total novice at this. Please forgive me if I get some of the terminology wrong.
A week ago I got a telephone call from someone asking if I was related to a person who was, in fact, my great grandmother. She apparently had some mineral rights to 20 acres in Grady County (3-6N-6W), and he was offering us a lease agreement for 3/16ths royalty -- no bonus was mentioned and we wouldn't have known there was such a thing had we not found this web site.
He said it was important that we respond by April 9th, or we would be force-pooled and receive 12% royalty. A week ago I knew nothing about the existence of these rights, so we're indebted to him for that. At the same time I assume he isn't just doing this out of pure kindness and generosity, and that this probably isn't a great offer.
Can anyone shed any light for me here? Should we be concerned about the April 9th date. If we don't accept his offer, how do we go about claiming whatever there is to be claimed?
Thanks!
Andy