Grady County leases 31, 8, 8

General Mineral Rights Discussion
1

Hi, just joined the forum so I hope I am in compliance with the right protocol to ask, What are leases running in Section 31, Township 8, Range 8?? 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!

2

What is the fraction or percentage amount in the offers in Section 31, Township 8N, Range 8W?

3

3/16th thanks.

4

3/16th, thanks.

5

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,

Pat

6

Thanks.