I was wondering if anyone has any recent experience with leases being renewed, or being replaced with a new lease from a different company. I have a lease that expires in October of this year on 20-16N-05E, and was wondering about the prospects on it. I also have a couple over in Creek County that expire early next year. I know the entire oil industry is on the ropes, with many long time employees being laid off. Hopefully, we've seen the bottom of this cycle.
On a completely different note : My wife and I need a new fishing hole. We've been going for years to a pond on Elmo Howard's place, but since he died we can't get in there. I'd even be willing to pay a small fishing lease fee if that would help. It would just be me, my wife and maybe some grandkids. Nor beer or bikers.