Mr. Orsborn, I have signed 2 leases in the past and neither of them led to bonus money and I have filed suit against the lessor who did not pay, recorded the lease after the draft had expired, the other lessee released the lease when I informed them I was going to file suit. My brother has had even worse luck with the one lease he signed. Diamond Resources recorded a memorandum of lease then sent a new lease agreement, essentially repudiating the first lease and slandering his title, then claiming they could not find either of us and setting up an emergency unlocatable mineral owner trust. We will have to sue them also. On the other hand, the wells my brother and I are carried in, we have been paid without delay less than 150 days after first sales. To me lease means I’m forking out money for lawyers and being a carried interest (force pooled) means I get paid. If you don’t have any oil under you, leasing is the better option, but make sure you are paid before you let go of the executed lease. I still have a couple of parcels that aren’t drilled or leased. I doubt anyone could make a lease offer I would accept at this point. I would say yes, you should educate yourself and consider being a carried interest, read the century code in regards to being a carried interest. Think about what it means to give up the signing bonus, and the possibility of having a lien placed against the future production of your minerals if you get a poor well that never pays out and retires the penalty of 50% of the drilling cost. Balance that against the chance that you will make significantly more money and the fact that the 16% royalty that you will get from the very first barrel is nothing to sneeze at. A lot to consider.