# Lease Offer Citizen Energy III, LC

**URL:** https://www.mineralrightsforum.com/t/lease-offer-citizen-energy-iii-lc/69960
**Category:** Kingfisher County, OK
**Created:** [March 1, 2023, 4:46pm UTC](https://www.mineralrightsforum.com/t/lease-offer-citizen-energy-iii-lc/69960 "2023-03-01T16:46:26Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![James\_Hildreth](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/james_hildreth/32/12253_2.png) [@James\_Hildreth](https://www.mineralrightsforum.com/u/James_Hildreth)
#### Post date: [March 1, 2023, 4:46pm UTC](https://www.mineralrightsforum.com/t/lease-offer-citizen-energy-iii-lc/69960/1 "2023-03-01T16:46:26Z")

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Good Morning, I have received a lease offer from Citizen Energy III, LC. I have mineral interest in 1-15N-5W, but the lease offer only offers the 3/16ths option. This is the first time I have seen that as the only option. Has anyone heard of any activity happening or going to happen in that area? And who is Citizen Energy III, LC? I tried to look on their website and gain some insight into them, but it’s only the front page with an investor login area. Just wondering if this is a true offer or a scam.

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [March 1, 2023, 5:19pm UTC](https://www.mineralrightsforum.com/t/lease-offer-citizen-energy-iii-lc/69960/2 "2023-03-01T17:19:04Z")

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They are a legitimate operator. I always ask what they are offering at 1/5th and 1/4th. The original letter is usually just the first round.

There is quite a bit of horizontal activity in the nearby area. I would think that you might get other offers as one lease has already been filed for higher royalty.

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### Author: ![James\_Hildreth](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/james_hildreth/32/12253_2.png) [@James\_Hildreth](https://www.mineralrightsforum.com/u/James_Hildreth)
#### Post date: [March 1, 2023, 5:37pm UTC](https://www.mineralrightsforum.com/t/lease-offer-citizen-energy-iii-lc/69960/3 "2023-03-01T17:37:11Z")

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Thank you for the information, I asked about the other offers, and they said they only offered the 3/16ths. I thought that to be interesting.

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### Author: ![TODD\_M\_Baker](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/91b2a8/32.png) [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [March 1, 2023, 6:42pm UTC](https://www.mineralrightsforum.com/t/lease-offer-citizen-energy-iii-lc/69960/4 "2023-03-01T18:42:21Z")

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Offers are contingent on competition.

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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: [May 30, 2023, 4:46pm UTC](https://www.mineralrightsforum.com/t/lease-offer-citizen-energy-iii-lc/69960/5 "2023-05-30T16:46:30Z")

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