# Lease Activity

**URL:** https://www.mineralrightsforum.com/t/lease-activity/4695
**Category:** Mountrail County, ND
**Created:** [August 2, 2016, 4:26am UTC](https://www.mineralrightsforum.com/t/lease-activity/4695 "2016-08-02T04:26:00Z")
**Posts on this page:** 8
**Page:** 1

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### Author: ![Randy\_C\_Fosse](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/65b543/32.png) [@Randy\_C\_Fosse](https://www.mineralrightsforum.com/u/Randy_C_Fosse)
#### Post date: [August 2, 2016, 4:26am UTC](https://www.mineralrightsforum.com/t/lease-activity/4695/1 "2016-08-02T04:26:00Z")

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Has anyone had or heard of leasing activity recently? A family member recently received an offer of $400 / 5 year lease / with 3 year option. Any comments? Thanks.

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### Author: ![Linda\_Johnson1](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/linda_johnson1/32/548_2.png) [@Linda\_Johnson1](https://www.mineralrightsforum.com/u/Linda_Johnson1)
#### Post date: [August 2, 2016, 12:49pm UTC](https://www.mineralrightsforum.com/t/lease-activity/4695/2 "2016-08-02T12:49:02Z")

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I also got one recently from Liberty Resources offering $400/acre, 5 year lease and 3/16th royalty paid on producing wells. I’ve been intending to get on here and see what the going rate is. Have you heard any more?

Thanks, Linda

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### Author: ![Randy\_C\_Fosse](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/65b543/32.png) [@Randy\_C\_Fosse](https://www.mineralrightsforum.com/u/Randy_C_Fosse)
#### Post date: [August 2, 2016, 12:57pm UTC](https://www.mineralrightsforum.com/t/lease-activity/4695/3 "2016-08-02T12:57:55Z")

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Hi Linda,

Good Morning. Hers was Liberty Resources also. I am not familiar with that name, but was going to try and research when I have a chance. Sounds like the same exact offer she received. Did yours have a 3 year option in addition to the 5 year lease? Also her offer was good till later this month, the 26th or 28th, something like that.

Thanks,

Randy

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### Author: ![Sue](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/sue/32/11119_2.png) [@Sue](https://www.mineralrightsforum.com/u/Sue)
#### Post date: [October 12, 2017, 1:37pm UTC](https://www.mineralrightsforum.com/t/lease-activity/4695/4 "2017-10-12T13:37:47Z")

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I also signed with Liberty in August of 2016 and to date have not received any payment for lease. Is anyone else having this problem?

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### Author: ![Cole](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/53a042/32.png) [@Cole](https://www.mineralrightsforum.com/u/Cole)
#### Post date: [October 12, 2017, 5:52pm UTC](https://www.mineralrightsforum.com/t/lease-activity/4695/5 "2017-10-12T17:52:58Z")

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I haven’t heard great things. You got to be careful with certain companies. I have been taken advantage of by some, while others were great. I had a great offer on some property (not this specific location) not too long ago from another company. I know they are up in ND too though. I can give you their website, not sure if I am supposed to give out information on this website. Guess you can message me too.

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### Author: ![Sue](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/sue/32/11119_2.png) [@Sue](https://www.mineralrightsforum.com/u/Sue)
#### Post date: [November 1, 2017, 7:06pm UTC](https://www.mineralrightsforum.com/t/lease-activity/4695/6 "2017-11-01T19:06:23Z")

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Looking for lawyer recommendations. Since I am on the West Coast, I have no clue.

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### Author: ![Robert\_Rooney](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/ba8739/32.png) [@Robert\_Rooney](https://www.mineralrightsforum.com/u/Robert_Rooney)
#### Post date: [November 2, 2017, 6:22pm UTC](https://www.mineralrightsforum.com/t/lease-activity/4695/7 "2017-11-02T18:22:28Z")

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Never give the signed original lease to the Lessee without a check in hand

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:06pm UTC](https://www.mineralrightsforum.com/t/lease-activity/4695/8 "2018-08-14T23:06:51Z")

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