Mineral Interest Oklahoma

Answer 1

Sharla, a 9/16ths interest in a quarter section would be 90 mineral acres if it is a full 160 acre section. When you leased you would have gotten a letter stating the net mineral acres that they are leasing. You can also take the total bonus you received and divide it by how much per acre they were paying on the bonus to give you the net acres. Do you own a 9/16ths or do you own interest in a 9/16ths? If you decide to sell let me make an offer before you sell as I buy in Cater County.

I buy mineral rights in North Dakota, Oklahoma, Texas, Colorado, Wyoming and other states.

Tim Metz

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