Need advice - Mineral lease offer from Data Land Management

Lesley Shriver · 2012-06-29T16:03:20Z

I'm new to this site and am hoping to get some input from others who may have information in regards to an offer I recently received from Data Land Management. I have surface and mineral rights in Blaine County and was offered $200/acre bonus and 3/16 royalty for a 3 year period. Has anyone else in the area received a similar offer? I'm wanting to find out if the $200/acre is reasonable. I believe it is low but am not certain. From what I understand 3/16 royalty is appropriate. Any feedback I can get would be much appreciated!

Oklahoma Mineral Rights Blaine County, OK