1907 Land Company

Hi John,

I have received an offer to lease in Section 16-4N-6W with three different terms they do not have an operator yet the are leasing for their own account and they are out of Norman OK

Can you share with the group what terms you have been seeing?


$1600, 3/16, 3yr with 2yr option to extend

$1000, 1/5 same terms

No Bonus,1/4 same terms