ExxonMobil has contacted us regarding a brine lease in Titus County, TX.
Currently, ExxonMobil is offering - $15k signing bonus & 2.5% or 6.5% royalty with cost deductions. ExxonMobil is telling us they are unable to provide an estimated amount for the cost deductions. Therefore, we are struggling to decide which option will bring in more income.
Does anyone have any recommendations?
Did anyone get a better signing bonus?
Please let us know.
Sincerely,
STUCK