# End of year push for Leases?

**URL:** https://www.mineralrightsforum.com/t/end-of-year-push-for-leases/8065
**Category:** Weld County, CO
**Created:** [December 20, 2014, 4:10am UTC](https://www.mineralrightsforum.com/t/end-of-year-push-for-leases/8065 "2014-12-20T04:10:48Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![Gina\_Thomas](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/a5b964/32.png) [@Gina\_Thomas](https://www.mineralrightsforum.com/u/Gina_Thomas)
#### Post date: [December 20, 2014, 4:10am UTC](https://www.mineralrightsforum.com/t/end-of-year-push-for-leases/8065/1 "2014-12-20T04:10:48Z")

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My lease on net 60 acres doesn’t expire until April 2015, but I’ve received a “very legal” offer from Noble. And yesterday a phone call from a different group–left a message. I’m wondering if there is a general strategic advantage to work a deal BEFORE the end of the year (higher bonus/percentage) or if waiting until after the first of the year is just as good, or better?

Township 9 North, Range 58 West, 6th PM, Section 25 E/2

Thanks!

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### Author: ![Derek\_O\_Donnell](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/derek_o_donnell/32/1351_2.png) [@Derek\_O\_Donnell](https://www.mineralrightsforum.com/u/Derek_O_Donnell)
#### Post date: [December 30, 2014, 12:18am UTC](https://www.mineralrightsforum.com/t/end-of-year-push-for-leases/8065/2 "2014-12-30T00:18:20Z")

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Gina,

It usually has to do with end-of-year budgets and spending. What do you mean when you say you got a “very legal” offer from Noble? Was it a top lease?

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### Author: ![Gina\_Thomas](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/a5b964/32.png) [@Gina\_Thomas](https://www.mineralrightsforum.com/u/Gina_Thomas)
#### Post date: [December 31, 2014, 12:19am UTC](https://www.mineralrightsforum.com/t/end-of-year-push-for-leases/8065/3 "2014-12-31T00:19:11Z")

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It was certified mail, all written out with the places to sign, notarize, return envelope. And the new Lease, in fine print, etc.

What is a “top” lease?

If my current lease has an extension clause, will someone like Noble do the work to cancel that? As far as I know, there has not been any drilling on the property; the lease says any kind of equipment let out there makes it be “active”.

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### Author: ![Derek\_O\_Donnell](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/derek_o_donnell/32/1351_2.png) [@Derek\_O\_Donnell](https://www.mineralrightsforum.com/u/Derek_O_Donnell)
#### Post date: [December 31, 2014, 5:30am UTC](https://www.mineralrightsforum.com/t/end-of-year-push-for-leases/8065/4 "2014-12-31T05:30:20Z")

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It depends on what the lease says really. Do you have time to talk over the phone tomorrow? I might be able to help you better understand your options here. If so, send me an email at [derekod57@gmail.com](mailto:derekod57@gmail.com).

Derek

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:59pm UTC](https://www.mineralrightsforum.com/t/end-of-year-push-for-leases/8065/5 "2018-08-14T23:59:51Z")

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