# Lease Grady, OK

**URL:** https://www.mineralrightsforum.com/t/lease-grady-ok/25964
**Category:** General Mineral Rights Discussion
**Created:** [January 28, 2018, 5:30pm UTC](https://www.mineralrightsforum.com/t/lease-grady-ok/25964 "2018-01-28T17:30:19Z")
**Posts on this page:** 5
**Page:** 1

<div class="post-metadata">

### Author: ![chris\_calyer](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/4da419/32.png) [@chris\_calyer](https://www.mineralrightsforum.com/u/chris_calyer)
#### Post date: [January 28, 2018, 5:30pm UTC](https://www.mineralrightsforum.com/t/lease-grady-ok/25964/1 "2018-01-28T17:30:19Z")

</div>

Hi,

I received a letter from Double J Resources wanting to purchase an interest owned by my late father. It is Section 36-T10N-R05W. Offer is $1,000 per net acre, providing 75% NRI. I would appreciate any info/help. Is this legit, reasonable… and what is the 75% NRI.

Thanks.

---

<div class="post-metadata">

### Author: ![Tom\_Ed\_Moore](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tom_ed_moore/32/2577_2.png) [@Tom\_Ed\_Moore](https://www.mineralrightsforum.com/u/Tom_Ed_Moore)
#### Post date: [January 28, 2018, 6:51pm UTC](https://www.mineralrightsforum.com/t/lease-grady-ok/25964/2 "2018-01-28T18:51:57Z")

</div>

It should lease for $4000.00 and 1/4th. Are they trying to purchase for $1000.00 if it is leased at 1/4th?

Are they trying to purchase lease or purchase minerals?

---

<div class="post-metadata">

### Author: ![chris\_calyer](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/4da419/32.png) [@chris\_calyer](https://www.mineralrightsforum.com/u/chris_calyer)
#### Post date: [January 28, 2018, 8:18pm UTC](https://www.mineralrightsforum.com/t/lease-grady-ok/25964/3 "2018-01-28T20:18:49Z")

</div>

One spot says they are acquiring Oil and Gas leases and would like to purchase. Another spot says if I would like to lease my mineral interests, do…

---

<div class="post-metadata">

### Author: ![Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary_l_hutchinson/32/4582_2.png) [@Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/u/Gary_L_Hutchinson)
#### Post date: [January 29, 2018, 4:47pm UTC](https://www.mineralrightsforum.com/t/lease-grady-ok/25964/4 "2018-01-29T16:47:03Z")

</div>

Chris,

Based on Mr. Moore’s comment (He is very experienced), you may want to get an evaluation of the geologic potential/NMA then an independent measure of the NMA you may own in the interest of setting a total price and selling or leasing directly to a proven operator. There are several working in Grady County. It is under development using newer drilling and completion technology.

As the beneficiary, you should have the final say in the dispersion of your late father’s property.

---

<div class="post-metadata">

### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:21pm UTC](https://www.mineralrightsforum.com/t/lease-grady-ok/25964/5 "2025-01-11T19:21:35Z")

</div>