# 21-6N-3W offer

**URL:** https://www.mineralrightsforum.com/t/21-6n-3w-offer/46423
**Category:** McClain County, OK
**Created:** [May 23, 2019, 3:52pm UTC](https://www.mineralrightsforum.com/t/21-6n-3w-offer/46423 "2019-05-23T15:52:30Z")
**Posts on this page:** 8
**Page:** 1

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### Author: ![Tony\_Wood](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tony_wood/32/9971_2.png) [@Tony\_Wood](https://www.mineralrightsforum.com/u/Tony_Wood)
#### Post date: [May 23, 2019, 3:52pm UTC](https://www.mineralrightsforum.com/t/21-6n-3w-offer/46423/1 "2019-05-23T15:52:30Z")

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Received an offer today from MK&P in OKC for 3 years. I’ve requested a copy of the lease to look over the details of the offer, but is this pricing in line with current expectations assuming the lease terms are good?

2500.00 per acre - 3/16 2250 - 1/5 2000 - 22%

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### Author: ![Joe\_S](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/67e7ee/32.png) [@Joe\_S](https://www.mineralrightsforum.com/u/Joe_S)
#### Post date: [May 23, 2019, 4:35pm UTC](https://www.mineralrightsforum.com/t/21-6n-3w-offer/46423/2 "2019-05-23T16:35:30Z")

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I would take that 22% in a second!

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [May 24, 2019, 12:12am UTC](https://www.mineralrightsforum.com/t/21-6n-3w-offer/46423/3 "2019-05-24T00:12:36Z")

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Private offers are not known, but to give you an idea, the pooling in sec 22 just next door was $3100 3/16th, $3000 1/5, $1200 1/4 just a couple of months ago, so that would be where I would start. Pretty sure that you are going to have to negotiate the clauses in the lease to become more in your favor. It will probably not have the protections clauses that you will need such as no post production charges, no two year option, no top lease clause, no warranty, depth clause, commencement of drilling, limit on shut in time just to name a few. Not an attorney, no not giving legal advice. Just very careful on my own leases.

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### Author: ![Michael\_Gilbert](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/8e7dd6/32.png) [@Michael\_Gilbert](https://www.mineralrightsforum.com/u/Michael_Gilbert)
#### Post date: [May 24, 2019, 12:28am UTC](https://www.mineralrightsforum.com/t/21-6n-3w-offer/46423/4 "2019-05-24T00:28:18Z")

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You are an appreciated and valuable resource Ms. Barnes. You are greatly appreciated. Thank you for your feedback and more.

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [May 24, 2019, 12:42am UTC](https://www.mineralrightsforum.com/t/21-6n-3w-offer/46423/5 "2019-05-24T00:42:06Z")

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Thank you.  
The 22% offer would be somewhat intriguing at that price, but I usually go for the highest royalty as that usually pays out in the long run. Since 1/4 was offered in the section contiguous, I would ask for that and fix the lease to meet my mineral friendly clauses.

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### Author: ![Tony\_Wood](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tony_wood/32/9971_2.png) [@Tony\_Wood](https://www.mineralrightsforum.com/u/Tony_Wood)
#### Post date: [May 29, 2019, 2:58am UTC](https://www.mineralrightsforum.com/t/21-6n-3w-offer/46423/6 "2019-05-29T02:58:40Z")

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Thanks again Martha, you’re amazing!

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### Author: ![Craig\_1294](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/eada6e/32.png) [@Craig\_1294](https://www.mineralrightsforum.com/u/Craig_1294)
#### Post date: [June 10, 2019, 10:27pm UTC](https://www.mineralrightsforum.com/t/21-6n-3w-offer/46423/7 "2019-06-10T22:27:50Z")

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I own minerals in some adjacent Sections that are open. I did not receive that offer. I would like to contact MK&P to see if they are interested in leasing my acreage. Thanks!

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:03pm UTC](https://www.mineralrightsforum.com/t/21-6n-3w-offer/46423/8 "2025-01-11T18:03:58Z")

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