I was recently contacted about leasing my 320 acres in sec 27 16N 13W in Blaine county. Their initial offer is $600 per acre for 3 yrs with an option to release for 2 yrs at the same price, with 3/16 Ri. About 4 yrs ago I leased at $800 with 3/16 for 3yrs with a different company. They evidently weren’t interested in releasing. I joined this forum to get some advice, since for me, this is a big financial decision. Any help would be greatly appreciated. Thank you
I see only 4 leases recorded in Blaine county the past 12 months.
They range from $400-$1500 per acre,nothing close to 27-16-13.
Thank you Linda for taking the time to respond. I appreciate the info.