Me & my siblings have mineral rights in Chocktaw County, OK. We have a land man offering $150 per acre and 1/8 royalties. We have 320 acres, but they only want to lease 120 acres. What is a fair market rate?
Leasing offers will depend upon the geology which varies across the county. Which township and range?
Township 6S Range 13E
Does anyone have an attorney that they suggest for helping with an offer from a Landman?
You could reach out to the bar association in OK and look for oil and gas focus. May need to call several as many have a conflict of interest.
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