Atoka County, Oklahoma Mineral Lease Values

Hello,

Was involved with Sommerset and negotiating a lease agreement with them for a mineral lease in Atoka County before the big crash in 2008. Needless to say, Sommerset backed out and we saw an offer of $4400.00 an acre plummet to perhaps $100.00 per acre. It has been 3 years now and I am wondering what the status of mineral leases in the area are currently, if any at all. We have 20 NMA in Atoka County located at 10/3s/10e and have not been contacted by any new interests. If anyone has information, I would certainly appreciate it. Thank you, Will

I am repeating my request for information only. Has there been any activity in the area of Atoka County - 10/3s/10e. It has been 3 years since my last offer and am wondering where I should look or who I might contact to see if there is any interest in this lease or offer to sell rights. Thank you, Will

Any current information on the status of leasing or selling mineral rights in and around 10/3s/10e Atoka would be appreciated. Thank you, Will

I don't see any leasing activity since 2009. There has been a few sales in the last couple of years. I could only find 1 group of school properties leased in 2011. About a year ago, in the 1N-14E for $152 an acre. Too far to matter.

Hello Rick,

Thank you for the reply. Its funny how fast things go up and how fast the bottom drops out.