Our family has received an offer to buy or lease our mineral rights in this 80-acre tract 18-6N-5E E/2 SE/4. Our ownership is about 1/3 of the tract. We’re also in the process of selling the surface rights in the same tract.
I find no activity since about 2010. Is anyone aware of anything going on here? Any suggestions about fair lease bonuses and royalty percentages here?
The offer is from Tucker Oil Properties (possibly also known as Scout Partners LLC). Does anyone have any experience with this company?