I would not lease for an 1/8th or 5 years. In Oklahoma, 3/16ths and 3 year leases are standard. I'm not sure about price per acre, but $125 does sound low.
I would not lease for an 1/8th or 5 years. In Oklahoma, 3/16ths and 3 year leases are standard. I'm not sure about price per acre, but $125 does sound low.