Bearcat Land Leasing

Welcome to the forum.

Quite a few companies are leasing in that section, so you may get more than one offer. Very likely to be horizontal drilling there. Bearcat frequently leases for Continental Resources. I always ask for the highest royalty that they are offering and I never go for an option to extend.

If you have not leased before, it is wise to get a good oil and gas attorney to review any draft lease as they are not in the mineral owner’s favor and need significant edits. The lease can hold your acreage for decades. You can either lease or wait for forced pooling which has its own advantages.