# McClain County OK Lease Offer

**URL:** https://www.mineralrightsforum.com/t/mcclain-county-ok-lease-offer/3166
**Category:** General Mineral Rights Discussion
**Created:** [March 22, 2017, 10:33pm UTC](https://www.mineralrightsforum.com/t/mcclain-county-ok-lease-offer/3166 "2017-03-22T22:33:18Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![Carol\_Beck](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/carol_beck/32/17526_2.png) [@Carol\_Beck](https://www.mineralrightsforum.com/u/Carol_Beck)
#### Post date: [March 22, 2017, 10:33pm UTC](https://www.mineralrightsforum.com/t/mcclain-county-ok-lease-offer/3166/1 "2017-03-22T22:33:18Z")

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My sister and I have received an offer to lease Mineral Rights on 8 acres of land in McClain County, at $800 an acre for a 3 year lease. We have questions, such as: Is this a fair price? Should we consult a lawyer to look over the contract? Has anyone dealt with Peveto & Associates from Texas? The landman who contacted us has been very cordial and professional, but we are new to this opportunity. It is good to feel a connection to our ancestors and current cousins in Oklahoma.

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### Author: ![Tom\_Ed\_Moore](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tom_ed_moore/32/2577_2.png) [@Tom\_Ed\_Moore](https://www.mineralrightsforum.com/u/Tom_Ed_Moore)
#### Post date: [March 23, 2017, 7:02pm UTC](https://www.mineralrightsforum.com/t/mcclain-county-ok-lease-offer/3166/2 "2017-03-23T19:02:06Z")

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What is the legal description?

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### Author: ![Virginia\_Pflum](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/virginia_pflum/32/17299_2.png) [@Virginia\_Pflum](https://www.mineralrightsforum.com/u/Virginia_Pflum)
#### Post date: [March 23, 2017, 8:03pm UTC](https://www.mineralrightsforum.com/t/mcclain-county-ok-lease-offer/3166/3 "2017-03-23T20:03:07Z")

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Carol,

I feel that getting a good oil & gas attorney pays for itself in the long run. I have been leasing for over 40 years and watched my parents lease for another 20+ years, but I still run my leases by my attorney. Oil companies’ leases are written only for them. If you aren’t careful, you will be paying for transportation, etc., and that can eat up a fourth to half of your check. Plus there are so many other things to look for.

Regarding the price for bonus, ask your neighbors what they are leasing for.

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### Author: ![Carol\_Beck](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/carol_beck/32/17526_2.png) [@Carol\_Beck](https://www.mineralrightsforum.com/u/Carol_Beck)
#### Post date: [March 24, 2017, 1:02am UTC](https://www.mineralrightsforum.com/t/mcclain-county-ok-lease-offer/3166/4 "2017-03-24T01:02:26Z")

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McClain County, Oklahoma Sec. 4 Township 7N Range 3W N/2 NE/4 SE/4, W/2 SE/4

I am new to this and trying to learn as much as I can. Thank you!

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### Author: ![Carol\_Beck](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/carol_beck/32/17526_2.png) [@Carol\_Beck](https://www.mineralrightsforum.com/u/Carol_Beck)
#### Post date: [March 24, 2017, 1:03am UTC](https://www.mineralrightsforum.com/t/mcclain-county-ok-lease-offer/3166/5 "2017-03-24T01:03:11Z")

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Thank you. That is good information.

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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: [August 14, 2018, 10:34pm UTC](https://www.mineralrightsforum.com/t/mcclain-county-ok-lease-offer/3166/6 "2018-08-14T22:34:14Z")

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