Selling Mineral Rights

I am interested in selling mineral rights in Sections 17,20 & 21 in Blaine county.

Who might I contact and how much should I expect per acre?

You have to give the complete address with Township and Range. There are many sections 17, 20 and 21 in Blaine.

SE/4SE/4 of Section 17,Township18 North, Range 11West

N/2NE/4 and SE/4 NE/4 of Section 20, Township 18 North, 11West

(NE/4, less 3ac in SW/c NE/4)and (NE/4, West of ROW)and(NW/4, East of ROW) and the S/2 SW/4 and S/2 SE/4 of Section 21 Township 18 North, Range 11 West.

I hope this is what you mean since as you can tell I am not very experienced in this.

Is the first description you gave near Homestead?

Not sure where Homestead is.

My Mom grew up on the farm and went to school in Hitchcock born in Okeene

Your lease is further south. Homestead is 4 west and 2 north of Okeene. I have minerals near Homestead. They are not worth much.

Watonga area is a hot spot.

Thanks for the input hope your having a good day

Richard, there is some horizontal drilling moving into your area. Marathon drilled the McPhearson well in 2014 in section 11. Pretty good well by the completion report. There might be a well permitted in section 8 just north of your 17. 21 had a lot of leasing in 2013 and 2014 by Marathon, so something may be cooking there. Unless you are really needing the cash, you might want to hold off a bit and see what develops (or just sell part and keep part). When prices go up in a year or so, it might get more interesting. Hard to tell you what to expect. Whatever you are offered is usually too low compared to actual value (based on my experience).

Good to know and excellent advice. Thanks much

Richard,

If you are interested in selling I can get you a couple of offers, but in my opinion, I am in agreeance with M Barnes. If you want the offers send me a message and I can get them.

Thank you for your interest. I have already agreed to sell, but my sister is considering selling and I will be passing on information to her.

Thanks,

Richard