Lease offer in Coal County Oklahoma

Is this the going rate?

Lease offer from Paramont field service.
$300.00 per acer 3/16 roylity

Location
east 1/2 south corner of section 25 1 south 9 east

in oct. 2016 in sec. 4,5,8,9, and 17 1n. 9e. all leased for $6oo. don't know if it was 3/16 or not

Sec. 4, 5,8,9, were drilled and completed, 3 wells in dec. and sec.9 in march.Production ranged from 35 bopd to 88 bopd plus gas from2454 - 2797 mcf

you do the math