# Lease offer, Wingman Energy

**URL:** https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906
**Category:** Carter County, OK
**Created:** [August 10, 2023, 6:31pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906 "2023-08-10T18:31:06Z")
**Posts on this page:** 13
**Page:** 2

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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: [September 6, 2023, 4:11pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/21 "2023-09-06T16:11:48Z")

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Always wise to invest in getting an attorney to read any lease before you sign. Most draft leases I have seen are mostly in the operator’s favor and not good for the mineral owner. They need negotiation especially regarding post production charges.

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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: [September 6, 2023, 4:19pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/22 "2023-09-06T16:19:06Z")

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Also, NEVER hand over a signed lease without getting paid the same day. You can sign the lease, make a copy and then mark in bold marker COPY\_DO NOT FILE on every page (especially over the signature) and send as a good faith response by email. Have a third party such as accountant or attorney hold the lease until payment has cleared the bank and then send by overnight mail. I will not deal with an agent that will not abide by that arrangement as I do not want a lease filed without being paid upfront. I put a time deadline on the holding time frame or the lease is returned to me for destroying.

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### Author: ![James\_Bridges](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/a5b964/32.png) [@James\_Bridges](https://www.mineralrightsforum.com/u/James_Bridges)
#### Post date: [September 6, 2023, 7:24pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/23 "2023-09-06T19:24:35Z")

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Great idea! We did get an attorney last time. Don’t remember how we held the land company feet to the fire, but must have. We did get paid the agreed price.

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### Author: ![Nikki\_Holladay](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/nikki_holladay/32/18426_2.png) [@Nikki\_Holladay](https://www.mineralrightsforum.com/u/Nikki_Holladay)
#### Post date: [October 10, 2023, 2:30am UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/24 "2023-10-10T02:30:50Z")

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I don’t own rights myself but have to handle them for my mom. I just signed a lease with Wingman. They said they were going to pay more than they did and claimed it is because my mom has less net acres than they originally thought. The lease says she has 139 acres but does not specify if it is gross or net. Did I screw this up? Help!

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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: [October 10, 2023, 11:02am UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/25 "2023-10-10T11:02:45Z")

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If you were looking at an old lease for numbers, they usually list the gross acres. Ask the agent for a copy of the paragraph from their title opinion that states the net acres. I hope you got paid the same day as turning over the lease. If you did not, then stay watchful for the time line they gave you.

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### Author: ![Nikki\_Holladay](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/nikki_holladay/32/18426_2.png) [@Nikki\_Holladay](https://www.mineralrightsforum.com/u/Nikki_Holladay)
#### Post date: [October 11, 2023, 2:32am UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/26 "2023-10-11T02:32:17Z")

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Thank you. I did at least get the check.

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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: [October 11, 2023, 2:20pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/27 "2023-10-11T14:20:53Z")

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If you got the check, then the stub may have the net acres on it. Save that stub for IRS purposes. If it is does not, then take the total and divide by the amount of “per acre” price they quoted. For example, if they were offering $500/ac and the check was $2000, then you have four net acres.

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### Author: ![Bob77](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/c37758/32.png) [@Bob77](https://www.mineralrightsforum.com/u/Bob77)
#### Post date: [October 11, 2023, 9:38pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/28 "2023-10-11T21:38:00Z")

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> [@James\_Bridges](#):
>
> Pointer Oil and Gas made an offer to our family in March. Our minerals in 6-4S-1 E. We chose to ignore it. Appears to be little activity on our side of the Meridian. We want to know if the company is really an operating company or representing an operator. In 2015 we leased to Bearcat for Continental Drilling, but the lease ran out through the 3 years plus the 2 year option to renew.

Have you received another offer since March? Most operators lease through other entities. Nine times out of ten you can get a better offer from a non-operating company. Whomever takes the lease means little on a well being drilled.

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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: [October 12, 2023, 12:52pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/29 "2023-10-12T12:52:51Z")

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No leases have been filed in section 6 so far, but Pointer has filed eight leases in section 11.

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### Author: ![Nolan\_Moskowitz](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/nolan_moskowitz/32/18444_2.png) [@Nolan\_Moskowitz](https://www.mineralrightsforum.com/u/Nolan_Moskowitz)
#### Post date: [October 12, 2023, 8:00pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/30 "2023-10-12T20:00:37Z")

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Hello,

I am the landman putting together cursory ORs for your area. Lots in 3S-1E. I don’t know who the operator is either, but they sure are leasing a ton of sections.

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### Author: ![Bob77](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/c37758/32.png) [@Bob77](https://www.mineralrightsforum.com/u/Bob77)
#### Post date: [October 12, 2023, 8:24pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/31 "2023-10-12T20:24:24Z")

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Guessing y’all haven’t filed them yet? Only about 10 OGL’s filed since April in 3S-1E.

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### Author: ![James\_Bridges](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/a5b964/32.png) [@James\_Bridges](https://www.mineralrightsforum.com/u/James_Bridges)
#### Post date: [October 13, 2023, 12:14pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/32 "2023-10-13T12:14:19Z")

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A family member received a phone inquiry and potential offer on the phone. They told them to send documents. No papers yet and that was 10 days or so ago. It was a company out of Ardmore. There are several of us in the 117 acres of undivided minerals. That will take some work to dig us out.

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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: [November 8, 2023, 6:31pm UTC](https://www.mineralrightsforum.com/t/lease-offer-wingman-energy/71906/33 "2023-11-08T18:31:17Z")

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