Does anyone know what is going on in Terry Co.?
I have been approached about a lease within the last month. Terms were very low. We’ll see what happens. We have around 70 acres in section DD.
Thanks. We have the mineral rights my grandfather left us. We had a company in Wichita Falls contact us. Have you signed a contract with anyone?
No. This all just started 2 weeks ago. I haven’t decided if I will counter or not. My oil and gas attorney thinks their offer is to low and that I have good a good bargaining advantage. I don’t need to lease this property and maybe will be approached by other companies. I will lease for what I feel is a fair value.
Lyn & Jan, If you haven't yet, I'd like to encourage both of you to join the Terry County forum under the groups tab up top. Activity has been pretty low lately, but it's nice to be able to share lease terms, activity etc. Really good info.