In Oklahoma
I signed a lease in 2016 for a 3 year term. Since then that lease was assigned through a sale to another company which company is now offering 2.5 times the price per acre. Are there any grounds for a re-negotiation of lease terms? Pooling hearing set for 1/29/2018. Any advice appreciated.
Causes:
201800265 Pooling
201800262 Spacing
201800263 Waiver of Consent Requirements (existing producing wells)
Thanks,
Steven