Hi Folks
My wife would like to sell some or all or her mineral rights to land in Williams County, North Dakota, on which there are 18 producing wells. According to the Mineral IQ website, the present value (PV10) of these rights is $127,102.
What is the best way to find a buyer, set a fair price, and negotiate a sale?
You need to say a few words about how much royalties you get and how long the 18 wells has been online + your royalty rate.
A general location should be provided as well. The township, range, section. Who is producing the wells currently?
Sean, to answer the question you asked, you might look in the directories above for mineral buyers. You can also think about putting the minerals in mineral auction such as MCEE or Energynet. If you are handy with the computer, you can always go online in Williams county and determine who is buying minerals in Williams county.