# 36-9N-7W Grady
**URL:** https://www.mineralrightsforum.com/t/36-9n-7w-grady/2805
**Category:** Grady County, OK
**Created:** [May 18, 2017, 4:24pm UTC](https://www.mineralrightsforum.com/t/36-9n-7w-grady/2805 "2017-05-18T16:24:28Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Glen](https://www.mineralrightsforum.com/u/Glen)
#### Post date: [May 18, 2017, 4:24pm UTC](https://www.mineralrightsforum.com/t/36-9n-7w-grady/2805/1 "2017-05-18T16:24:28Z")
I own 2.08 NMA. I will be sent a lease offer in the very near future and from what I understand the offer will be for $2500/acre signing bonus with a 3/16 royalty of gross proceeds. Does this sound like a fair and reasonable offer for this location at this time? If not, what should I reasonably expect?
Thanks, Glen
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### Author:  [@Lawrence\_Betche](https://www.mineralrightsforum.com/u/Lawrence_Betche)
#### Post date: [May 18, 2017, 6:00pm UTC](https://www.mineralrightsforum.com/t/36-9n-7w-grady/2805/2 "2017-05-18T18:00:20Z")
No. I received 3 lease offers a few miles north of you in 4-9-7 and all were at $5000 bonus or more and accepted a $5000 with 22% royalty. Landmen read this and bet will be contacting you now. Leases in 9-7 are going for $4000-$5000 or more and 1/5 is now pretty standard.
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### Author:  [@Glen](https://www.mineralrightsforum.com/u/Glen)
#### Post date: [May 18, 2017, 6:40pm UTC](https://www.mineralrightsforum.com/t/36-9n-7w-grady/2805/3 "2017-05-18T18:40:16Z")
Lawrence, thank you for that information. That’s a big difference in what I will be offered and what it sounds like I should be offered. I will seek out a better offer. Again, thank you.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:28pm UTC](https://www.mineralrightsforum.com/t/36-9n-7w-grady/2805/4 "2018-08-14T22:28:23Z")