Howdy, new to this board and forums. We have minerals in Adams Co, MS and surrounding counties/parishes in LA. Recently received lease offer from Santo Pet. of Artesia, NM. on a 150 acre tract in Sec 30, 31, & 44 T6N-R2W in Adams Co. Does anyone have knowledge/information about this company, this offer or any advice. The lease is a 2-year term with 2-year extension "limited Wilcox formation to 100' below."
Also, at this point I would appreciate it if someone could give me some good verbiage to use in a "Most Favored Nations Clause." Thanks a bunch!