# Any new news on 23 01s 04w received an offer looking for more

**URL:** https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919
**Category:** Stephens County, OK
**Created:** [September 21, 2018, 1:04pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919 "2018-09-21T13:04:12Z")
**Posts on this page:** 11
**Page:** 1

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### Author: ![Robyn\_Sims](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/robyn_sims/32/10186_2.png) [@Robyn\_Sims](https://www.mineralrightsforum.com/u/Robyn_Sims)
#### Post date: [September 21, 2018, 1:04pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/1 "2018-09-21T13:04:12Z")

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Any new news on 23 01S 04W, Stephens County? I received an offer but looking for better.

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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: [September 21, 2018, 1:43pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/2 "2018-09-21T13:43:08Z")

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89Energy has filed quite a few cases at the OCC for 23- 01S-04W. You should have gotten them in the mail. Planning at least one more Woodford well and looks like a second one as well. One well will be in 23 & 26. The other well is in 14 & 23.

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### Author: ![RKern](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/0ea827/32.png) [@RKern](https://www.mineralrightsforum.com/u/RKern)
#### Post date: [October 8, 2018, 10:55pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/3 "2018-10-08T22:55:18Z")

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Robyn: see topic “1S-4W (all Sections) Fall 2018”

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### Author: ![sandersdaR](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/3da27b/32.png) [@sandersdaR](https://www.mineralrightsforum.com/u/sandersdaR)
#### Post date: [November 5, 2018, 9:15pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/4 "2018-11-05T21:15:32Z")

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Offers of 3500/3/16, 3000/1/5th, 1000/1/4 in Section 23. Is that in the ballpark, or should I look for higher offers?

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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: [November 5, 2018, 10:15pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/5 "2018-11-05T22:15:56Z")

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In my experience, almost all of my first offers have been low to the final ones negotiated in oil territory. Gas, not so much. This is 1S-4W is oil prone for the Woodford.

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### Author: ![Linda\_Rigtracker](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/linda_rigtracker/32/3705_2.png) [@Linda\_Rigtracker](https://www.mineralrightsforum.com/u/Linda_Rigtracker)
#### Post date: [November 6, 2018, 6:26pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/6 "2018-11-06T18:26:13Z")

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If those offers are to lease they look good. If they are to buy they are not even in the ballpark seems to me.

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### Author: ![Linda\_Rigtracker](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/linda_rigtracker/32/3705_2.png) [@Linda\_Rigtracker](https://www.mineralrightsforum.com/u/Linda_Rigtracker)
#### Post date: [November 6, 2018, 6:28pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/7 "2018-11-06T18:28:48Z")

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If that is to lease I’d ask for more. All they can do is say we can’t do it and most of my experience they will give more especially if it’s a first offer.

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### Author: ![eli\_tank](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/e/919ad9/32.png) [@eli\_tank](https://www.mineralrightsforum.com/u/eli_tank)
#### Post date: [November 10, 2018, 5:48pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/8 "2018-11-10T17:48:00Z")

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Hi there Martha! We spoke earlier about Section 22-2S-4W and the proposed contract. Echo has come back with a higher rate for 1/5. I forwarded the contract to your email with the last contract with 3/16. I think the contract language will be the same, with the new increases shown. Please let me know what you think.

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### Author: ![eli\_tank](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/e/919ad9/32.png) [@eli\_tank](https://www.mineralrightsforum.com/u/eli_tank)
#### Post date: [November 10, 2018, 5:48pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/9 "2018-11-10T17:48:45Z")

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…new increases shown.

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### Author: ![Ann\_Whitchurch](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/ann_whitchurch/32/4820_2.png) [@Ann\_Whitchurch](https://www.mineralrightsforum.com/u/Ann_Whitchurch)
#### Post date: [November 10, 2018, 10:48pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/10 "2018-11-10T22:48:21Z")

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What is their new offer, Eli?

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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, 5:58pm UTC](https://www.mineralrightsforum.com/t/any-new-news-on-23-01s-04w-received-an-offer-looking-for-more/33919/11 "2025-01-11T17:58:21Z")

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