Hi there - I'm new to this forum. I have been receiving offers to buy my mineral interests in the above tract. The offers are around 12k/nma ... which seems a little low to me after reading the other threads on this forum.
There is currently a shut in well in the section - and I just noticed a drilling permit was pulled by CW in May - for what seems to be three wells in section 2 - but with some notes that lead me to believe they are just really interested in one well.
For the last 8 years or so, I've received lease signing bonuses every 2 to 3 years ... from a horrible lease I might add. So it's not really income generating for me - therefore my curiosity in some of these offers I have been receiving.
However, I'm thinking 12k/nma is a little low to consider parting with interest .. Thoughts?