We were contacted be Lowery Land Co. who is working for Continental Oil Company concerning leasing our minerals. The initial offer was $500 an acre at 1/5.Has anyone else been approached by these two entities regarding leasing their royalties? We are currently in negotiations and are trying to secure a much higher bonus offer with additional items added to the lease. Currently, there is a lot of seismic survey going on in our area.
I forgot to mention our place is in Sec. 23 9N 9W