# 34-1N-1W AFE Unleased Interest?
**URL:** https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748
**Category:** Garvin County, OK
**Created:** [July 29, 2014, 6:08pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748 "2014-07-29T18:08:09Z")
**Posts on this page:** 16
**Page:** 1
### Author:  [@Laura\_C](https://www.mineralrightsforum.com/u/Laura_C)
#### Post date: [July 29, 2014, 6:08pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/1 "2014-07-29T18:08:09Z")
I received an AFE in the mail with no cover letter or explanation. We leased our 80 acres back in 2004 (I believe) and received money until 11/2012 when I believe the well finally died. Are we unleased? And what is up with an AFE being sent? AFE was sent from Red Sky but has Continental Resources as operator. Any help is appreciated.
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### Author:  [@Michael\_Hutchison](https://www.mineralrightsforum.com/u/Michael_Hutchison)
#### Post date: [July 29, 2014, 6:29pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/2 "2014-07-29T18:29:31Z")
Laura, Continental must have just turned Red Sky loose in Garvin County, lots of new offers. I would call Red Sky for clarification. If the well is no longer producing you should be free to lease again but they would know more than me what the process is.
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### Author:  [@Laura\_C](https://www.mineralrightsforum.com/u/Laura_C)
#### Post date: [July 29, 2014, 6:32pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/3 "2014-07-29T18:32:18Z")
Thanks Michael. I’ll try to get a hold of them. They were trying to lease our minerals in 34 a year back so I have an email somewhere. Any idea what anyone is getting per acre and at what royalty rate?
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### Author:  [@Laura\_C](https://www.mineralrightsforum.com/u/Laura_C)
#### Post date: [July 29, 2014, 7:19pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/4 "2014-07-29T19:19:34Z")
Update: My sister received a letter with her AFE that indicates Continental is going to drill in the SE/4 and wants to lease us at 1/8th + $800/ac or 3/16 + $600/ac or 1/4 + $0. Our 80-acre farm is E1/2 SE/4 and this is the same that they offered us a year earlier. Would we be better off waiting to be pooled?
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### Author:  [@Michael\_Hutchison](https://www.mineralrightsforum.com/u/Michael_Hutchison)
#### Post date: [July 29, 2014, 7:28pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/5 "2014-07-29T19:28:45Z")
We are in 23-1N/2W and got the same offer or option to take a working interest. I only own a little bit so will probably go for the WI but will wait for the pooling application.
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### Author:  [@Michael\_Hutchison](https://www.mineralrightsforum.com/u/Michael_Hutchison)
#### Post date: [July 29, 2014, 7:36pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/6 "2014-07-29T19:36:22Z")
Laura, the only drawback to waiting is if the deal falls through you get no bonus. With 80 acres you have a lot more at stake than I do. Regardless, I wouldn’t jump at the first offer either.
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### Author:  [@Daniel1](https://www.mineralrightsforum.com/u/Daniel1)
#### Post date: [July 29, 2014, 8:23pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/7 "2014-07-29T20:23:46Z")
Laura, what is the name of the well Continental is proposing?
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### Author:  [@Laura\_C](https://www.mineralrightsforum.com/u/Laura_C)
#### Post date: [July 29, 2014, 8:31pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/8 "2014-07-29T20:31:51Z")
They haven’t named it yet. TBD 1-34.
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### Author:  [@Michael\_Hutchison](https://www.mineralrightsforum.com/u/Michael_Hutchison)
#### Post date: [July 29, 2014, 8:36pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/9 "2014-07-29T20:36:00Z")
Ours is TBD 1-23H.
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### Author:  [@Darla\_Charlow\_Ragland](https://www.mineralrightsforum.com/u/Darla_Charlow_Ragland)
#### Post date: [July 29, 2014, 9:48pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/10 "2014-07-29T21:48:01Z")
I had heard the well would also be going across Section 27.
Has anyone had any offers from Newfield in this area?
Looks like Continental has leases all over this area.
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### Author:  [@Laura\_C](https://www.mineralrightsforum.com/u/Laura_C)
#### Post date: [July 31, 2014, 8:03pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/11 "2014-07-31T20:03:14Z")
Best offer we have had is 25% royalty and $200/acre. Came from an investor group not Continental, they are hanging tight at 25% and no money. Haven’t heard anything out of Newfield ever.
Does anybody have a good lease with a tight no deductions clause?
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### Author:  [@Country\_boy](https://www.mineralrightsforum.com/u/Country_boy)
#### Post date: [July 31, 2014, 8:44pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/12 "2014-07-31T20:44:28Z")
CR’s the only game in town. They have the majority leased and are looking for anything that is not leased. Sounds like they like what they saw in the Havens. Laura: in my opinion that offer is low, this area is heating up quick now. In February, landsman said there was no interest in Murray County, but they are interested now.
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### Author:  [@Michael\_Hutchison](https://www.mineralrightsforum.com/u/Michael_Hutchison)
#### Post date: [July 31, 2014, 8:59pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/13 "2014-07-31T20:59:02Z")
When CR gets some applications into OCC case processing we will probably see some better offers. At this point I’m betting we won’t see a pooling application before the end of the year.
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### Author:  [@Laura\_C](https://www.mineralrightsforum.com/u/Laura_C)
#### Post date: [August 4, 2014, 5:43pm UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/14 "2014-08-04T17:43:16Z")
I thought Devon and Newfield were both in this area as well.
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### Author:  [@Country\_boy](https://www.mineralrightsforum.com/u/Country_boy)
#### Post date: [August 5, 2014, 3:10am UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/15 "2014-08-05T03:10:45Z")
Nope, not down here. Wish they were to give CR a little competition.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 12:26am UTC](https://www.mineralrightsforum.com/t/34-1n-1w-afe-unleased-interest/9748/16 "2018-08-15T00:26:55Z")