I have been going back and forth with a Mitsui landman and they just simply refuse to put any cost free language in the contract. Has anyone had any luck with getting “cost free” language in their leases? If so, with who?
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I was not successful in trying to negotiate this in my on contract with Surprise Valley.
We have cost free in comstock leases via Surprize Valley.
Some of these lease brokers are probably trying to get an override on your minerals for themselves. Decide what you will accept for a lease and it’s language and stick with it. When forum members tell that they have been offered or sold minerals for $10,000 or more per acre then why are some people willing to accept $350/acre to lease and can’t do it fast enough? Some people will just not accept good advise.
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Were you ever able to get Mitsui to agree to any cost free language? Can you tell us the company the landman works for?