I am seeking advice from other Borden County mineral owners. I have received an offer to lease several sections within Block 97 and am inquiring as to whether the offer is a reasonable one.
3yr initial period at $200/ac + a 2yr extension also at $200/ac. plus a 1/5 royalty. CR-II West Texas Holding Co. Inc
I realize others in this area may have already made arrangement to accept or negotiate a similar offer and am hopeful they might share their experience with me.
Thank you, Bob M