# Lease Offer in Caddo County
**URL:** https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501
**Category:** Caddo County, OK
**Created:** [May 29, 2022, 10:25am UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501 "2022-05-29T10:25:07Z")
**Posts on this page:** 20
**Page:** 1
### Author:  [@Matt\_Hallock](https://www.mineralrightsforum.com/u/Matt_Hallock)
#### Post date: [May 29, 2022, 10:25am UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/1 "2022-05-29T10:25:07Z")
I received this offer both in the mail and by email. The last lease I signed was $2250 per mineral acre. I have inquired on this site if there is something going on in the area and I guess there isn’t. That said, this is the 3rd offer I have received (first to lease) in the past few weeks.
May 19, 2022 Re: Oil & Gas Lease Section 9-10N-9W Caddo County, Oklahoma Dear Sir or Madam: I have been authorized by Carlisle Court, LLC to offer you a three-year paid-up oil and gas lease with a two-year option to extend lease in the above-described area and hereby propose the following in exchange for lease of your interest:
1. Lease your interest in the captioned land for a bonus consideration of $500 per net mineral acre and 3/16th royalty with an option to extend of $750 per net mineral acre. If you are interested in leasing your interest at the above terms, please contact me at your earliest convenience. My contact information is noted below. Upon confirmation, Carlisle Court, LLC will prepare a lease and forward to you for review and execution. Carlisle Court, LLC will commence title verification of your interest, and any lease will be subject to Carlisle Court, LLC’s approval. Carlisle Court, LLC, in its sole opinion, will determine whether both are acceptable. Carlisle Court, LLC reserves the right to terminate this offer at any time for any reason. This offer will terminate fourteen (14) days after receipt. Best regards,
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [May 30, 2022, 1:16pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/2 "2022-05-30T13:16:23Z")
I always ask for the 1/5th and 1/4 options as 3/16ths is the lowest that I would take. I do not take the option to extend. I recommend having an attorney look at draft leases for revisions as they are usually not in the mineral owner’s favor.
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### Author:  [@Jim\_shaw](https://www.mineralrightsforum.com/u/Jim_shaw)
#### Post date: [May 31, 2022, 10:34pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/3 "2022-05-31T22:34:19Z")
We also own acreage in 10N 9W but in Section 27. There is some interest increasing in the area. I had a great call today to find out what’s going on there. You should have received a first letter from Jackfork Land and then Carlisle Court, LLC. By the way, same ownership! I’m told that Continental Resources uses Jackfork Land. Our last lease was over three grand an acre with 1/4 royalty. Very early in the process but expect a better offer soon.
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### Author:  [@Martha\_Aarons](https://www.mineralrightsforum.com/u/Martha_Aarons)
#### Post date: [June 1, 2022, 7:18pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/4 "2022-06-01T19:18:36Z")
Thanks for this! We have Section 14 10N 9W and also 9/9, both of which yielded great offers (high bonus, agreements to good lease terms and better royalty) back in 2018 I believe. So I’ll be checking here periodically if things heat up in that section of Caddo.
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### Author:  [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad)
#### Post date: [June 1, 2022, 8:39pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/5 "2022-06-01T20:39:09Z")
Jim: do you mind sharing when this was?
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### Author:  [@Martha\_Aarons](https://www.mineralrightsforum.com/u/Martha_Aarons)
#### Post date: [June 1, 2022, 9:22pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/6 "2022-06-01T21:22:21Z")
We also got at least $3000/acre for the locations I mentioned above Section 14 10N 9W; I forgot to mention the other section was 12, 9-9
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### Author:  [@Jim\_shaw](https://www.mineralrightsforum.com/u/Jim_shaw)
#### Post date: [June 2, 2022, 12:27pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/7 "2022-06-02T12:27:08Z")
Camino Resources was the previous lessee.
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### Author:  [@SUSAN\_FINCH\_LAYMON](https://www.mineralrightsforum.com/u/SUSAN_FINCH_LAYMON)
#### Post date: [July 20, 2022, 12:21pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/8 "2022-07-20T12:21:23Z")
I just received an offer from Carlisle Court, LLC to lease our rights on 17/10/9W. Low ball offer, 1/3 of what we got in 2017. We are out of state so it can be challenging to keep up with what’s going on. Don’t see anyone else in this section commenting here. Anyone give us an idea of what’s going on? Last time we went from $350, 3/16 to $1500 1/5th. Gonna sit and stew until I can get some guesstimates, I think.
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### Author:  [@Jim\_shaw](https://www.mineralrightsforum.com/u/Jim_shaw)
#### Post date: [July 20, 2022, 1:03pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/9 "2022-07-20T13:03:50Z")
We have a similar offer. Waiting for them to make a REAL offer.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [July 20, 2022, 1:56pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/10 "2022-07-20T13:56:19Z")
The only lease filed in that township in the last two years is from Notting Hill Properties in section 34. It was a memorandum of lease, so not much info and they want to keep it private. In general, across OK, my lease offers have been lower this year.
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### Author:  [@Duff\_B](https://www.mineralrightsforum.com/u/Duff_B)
#### Post date: [July 20, 2022, 3:05pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/11 "2022-07-20T15:05:41Z")
I heard from Carlisle Court, LLC this week with a similar low offer on another Caddo section 28-10-9, $500 1/8 3+2 where we last leased for $3200 1/5 and 3.
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### Author:  [@SUSAN\_FINCH\_LAYMON](https://www.mineralrightsforum.com/u/SUSAN_FINCH_LAYMON)
#### Post date: [July 21, 2022, 6:33pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/12 "2022-07-21T18:33:41Z")
Thanks so much for the info! It’s always challenging trying to deal with these when we are out of the area. I find this site and the people on it so very helpful!!
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### Author:  [@Chance](https://www.mineralrightsforum.com/u/Chance)
#### Post date: [July 21, 2022, 11:35pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/13 "2022-07-21T23:35:00Z")
Lease bonuses are much lower in all parts of Oklahoma. Gone are the days of receiving $5,000/ac to just sign a piece of paper. Too many groups lost millions with expiring leases.
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### Author:  [@RobinOK](https://www.mineralrightsforum.com/u/RobinOK)
#### Post date: [August 3, 2022, 12:57pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/14 "2022-08-03T12:57:44Z")
Thank you so very much for your response. Your credentials are quite impressive and I am thankful that you took the time to answer me.
Since I last posted, last night, Ryan Newport called this morning and he said he has gotten the okay to offer all of our family $1,000 per acre at 3/16, and he sent the lease offer to us each, individually, in e-mail. We have asked for the contract to be sent in snail mail and he agreed. He is supposed to send it to all of us today or tomorrow.
My question is this. I don’t want to break any rules on the forum as I am brand new. When the contract comes, is it okay if I scan it and post it and get opinions? Or is that something we are not supposed to do? I want to be very respectful of people who have given me so much good information.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [August 3, 2022, 2:10pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/15 "2022-08-03T14:10:53Z")
Your wisest and most private option is to get a good OK oil and gas attorney to review the lease and make the proper edits. If this is a draft lease from an agent it is probably not going to be in your favor. Paying an attorney to look at it now and make the more favorable corrections can save your family lots of money in the long run. A lease can hold your family for decades. If there are post production charges in the lease, that is money lost to you. Better to get professional advice than our “free” advice that is not always up to date on current law.
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### Author:  [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad)
#### Post date: [August 3, 2022, 8:15pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/16 "2022-08-03T20:15:25Z")
Martha is correct. While the input from forum users is valuable, it is not a substitute for legal advice. The lease should be reviewed by an attorney.
_This post is not legal, investment or tax advice, it is for discussion purposes only. Reading or responding to this post does not create an attorney-client relationship._
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### Author:  [@RobinOK](https://www.mineralrightsforum.com/u/RobinOK)
#### Post date: [August 3, 2022, 8:44pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/17 "2022-08-03T20:44:16Z")
Thank you all so much. We found an Oil and Gas attorney in Oklahoma City who is doing a conflict of interest check, then he will be looking everything over. Thank you all so very much for your expertise.
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### Author:  [@SUSAN\_FINCH\_LAYMON](https://www.mineralrightsforum.com/u/SUSAN_FINCH_LAYMON)
#### Post date: [August 4, 2022, 12:27am UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/18 "2022-08-04T00:27:52Z")
Jim, have you had any other offers?
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### Author:  [@Chance](https://www.mineralrightsforum.com/u/Chance)
#### Post date: [August 10, 2022, 11:20pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/19 "2022-08-10T23:20:01Z")
Anyone have any luck getting back in touch with Carlisle? Or who they’re working for?
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### Author:  [@Dean](https://www.mineralrightsforum.com/u/Dean)
#### Post date: [August 11, 2022, 3:10pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-caddo-county/66501/20 "2022-08-11T15:10:42Z")
I talked with Steven Welch, landman for Carlisle Court, and he said they have been and will continue to lease both the 22-10N-10W and nearby sections. Said they are only willing to offer the 3/16th at 500. Asked to eliminate the extension or double the price per acre to $1000 and said he would check…
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