The forced pooling will have a shorter time period than a lease. Usually 180 or 365 days. However, this past year (2020), some poolings have been extended to last another year due to the COVID decrease in demand and squeezed finances.
Sanguine has a pending pooling but the hearing is not until June 1, 2021 (if then). They intend to drill two horizontal wells in 21 & 28. If I were you, I would try to get a no post production costs lease with some pretty tight other clauses. Highly likely to be a gas well and you do not want to pay the PPC as they can eat up quite a bit of your royalty. Even more important to get a higher royalty than the 1/8th. I would not do an extension at all. If I cannot negotiate a good lease, then I have no problem with a forced pooling since the time frame is much shorter. Occasionally, if they do not drill in the first time frame, they have paid again if the time frame is extended. With two potential wells, the royalty is much more important than the lease bonus. Sanguine has quite a few cases pending at the OCC for this area, so probably have a drilling program planned.
Trinity pooled sec 20 in 2020 for $650 1/8th and $500 3/16ths, $350 1/5th. Likely to be a bit lower in the next poolings due to drop in prices. I would have picked the 1/5th. That was a cleanup pooling from earlier. Lots of horizontals in the area. The success of the multiple Belle gas wells in 20 would encourage me to pick the higher royalty and the pooling. Keep in mind- hindsight is 20/20!