landowner

Section 23, T17N, R15W - Mineral Rights Offer

We recently received an unsolicited offer from Cora Minerals.  Our 25% royalty payments have been very small in the last couple of years.  In 2022, the royalty payments were practically nothing.  We own around 12 mineral acres.  The offer is $16K/acre.  Is this a reasonable offer?  Has anyone worked with Cora Minerals?  Has anyone received offers near my location?  

Thank you in advance for your help.

Vickie

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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on January 12, 2023 at 2:26

You're welcome, Vickie.

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