I was contacted by an encana landman (contractor) last week. My family owns 1/8th of 89 acres (mineral only) in San Augustine County. My portion is 11 net mineral acres. They are offering $1000 per acre and 3/16th royalties. My attorney asked me to do some research and see what other people were being offered. I have the lease and the deeds; the land is located in A-17. This was all Greek to me a week ago, so please correct me on my wording; I’m still learning the language.
Any assistance would be greatly appreciated.