Section 22 9N-7W

I recently received an offer to purchase my minerals for $2,000/acre. Anyone know if this is a good price?

Minerals are being leased about 2 miles north of you for $1750 an acre.

Do you know if the $1,750 an acre lease bonus is for a 3/16th royalty or 1/4th royalty? Thanks

Most of the minerals in section 23 are being leased at 3/16 for 3 yrs with some at 1/5 for 3 yrs

Sorry for tardy answer. Minerals leased north of you in 4-9-7 for $1750 at 3/16 for 3 years.