Charles:
Thanks so much for your reply and information. I will certainly strive to do my homework to try to know what should and shouldn’t be in a lease. Needless to say, it’s hard not to want something to happen asap, but the old saying, good things come to those who wait. Any idea what bonus amounts are currently being offered? I did learn from the first lease not to accept the first offer after the fact unfortunately. Had a friend in Texas that is a lawyer and another that is a wildcatter here in Texas that looked over the original lease from 5 years ago and all they told me was that it was a good lease. Again, thanks for the info.