Thanks, I read all three articles. I am still confused, probably even more so. For instance, sans competition from other lessees, I can’t figure out why a lessee would ever offer more than minimum terms. Of course, he has to assemble a lease block and if his offer is too low, nobody will lease. But once he has a leaseblock…
Buddy’s article proved that the lessee can benefit from cutting you out. I realize that in his example, it was a much smaller tract and not 200 acres. It’s just really confusing about how far a lessor can push for his requests.