Grady County leases 31, 8, 8

Hi, just joined the forum so I hope I am in compliance with the right protocol to ask, What are leases running in Sect. 31, T8, R8?? I have been offered $300/acre by Turner O&G, and $600/acre from Ferrell. Ferrell wants to add a 2 year continuation at the same bonus price. Please let me know if I should lease or wait??? Thanks for your help!

What is the fraction or percentage amount in the offers in 31 8N 8W?

3/16th thanks

3/16th, thanks

Whatever a lease hound offers, let it be known that they are prepared to offer MORE! Don't hesitate to negotiate ... but always in YOUR best behalf. You're not even obligated to sign their lease unless you want to.

Good luck,