My Wife’s great-great grandmother retained mineral rights to a property 16 miles east of Nacogdoches.  The mineral rights were recently transferred to my wife from her mother of Ballinger Texas. Neither have ever been to the property.  In researching the property I found my Mother-In-Law had agreed to a recent 5 year lease.  During the past year she has received numerous lump-sum buy-out offers.

While I like cash (bird in hand...) my feeling is we should not cash out.  These offers are coming from people in the know.

At this time I would really like to learn what the potential is and where the property is located. From my research I know it is in the FLORES A-30 survey area.  I believe it is between Martinsville and Grigsby on the Attoyac River (near Flores Creek per the legal description (see below)).  While the Attoyac River is well depicted on maps, I have been unable to locate Flores Creek.  Hence, I can not locate the property to see if there is nearby production.

I would appreciate any assistance to help us understand the property’s location and its potential mineral value or recommendations for obtaining this information. 

Thanks,

mike angles

All that certain tract or parcel of land, situated about sixteen miles eastwardly from

the city of Nacogdoches in Nacogdoches County, Texas, on the Jose Flores Grant,

and described as follows:

BEGINNING at T.A. Hardy Northwest comer;

THENCE North 1,484 varas, a stake on South side of Flores Creek, a beach bears

North 70 degrees West 10 varas, a beach bears South 70 degrees West 5 varas;

THENCE down said creek with its meanders to the Attoyac River;

THENCE South 18 degrees East with the Attoyac river 255 varas a stake a RO bears

South 31 degrees East 8 varas a WO bears 43 degrees West 12 varas;

THENCE South 224 varas, a stake, a RO bears South 12 degrees East 5 varas, a WO

bears South 66 degrees West 5 varas;

THENCE West 954.4 varas, a stake a pine North 77 degree East 12 varas, a Pine

bears North 11 degrees West, 9 varas;

THENCE South 954 varas, a stake on the North boundary line ofT.A.B. Hardy tract,

a pine bears West 6 varas, BJ bears North 15 degrees East 14 varas;

THENCE West to the place of BEGINNING, containing 130 acres of land, more or

less, and being the same land conveyed to H. W. Palmer by M.S. Palmer by Deed

dated July 23, 1941, recorded in Vol. 160, Page 636-637, Deed Records of

Nacogdoches County, Texas;