I would ask the oil company you have a lease with whether it is worthwhile to modify the existing lease. The new renewed lease should be in LLC name. I have had good luck working with the people that work for the lease holder we have. I have negotiated leases with three different oil companies over the years and have used local Weld County legal firms familiar with mineral leases in Weld County to review the leases. I would recommend that anyone do the same. Again I am offering this advice based on my experience and I am not a lawyer and cannot give legal advice.