Bearcat oil leasing

Earlier this week I received an inquiry from Bearcat on behalf of Continental to lease mineral rights in Carter County, Sec 32 3W 3S. I’ve not been approached to lease minerals in this matter in Louisiana. I have not responded because I intend to counter and have been engaged gathering intelligence to bolster my position.

But after reading a thread on this forum from Nov 2024 that presented a very similar approach to someone involving Continental’s Madison 4-19-32XHW and Madison 6-19-32XHM, I am wondering if I am getting ahead of the true state of leasing. Doing my due diligence is not wasted effort but perhaps I should just sit still until more direct contact is made.

Any insight or advise is appreciated.

We entered into a leasing agreement with Bearcat on behalf of Continental in 2008 on our minerals in Sec 6-4S-1E in Carter County. They are legit, but there was no activity near us at that time nor since then. Apparently, lots of activity there in the area of your minerals so their value would be different, I am sure.