We are looking at a new lease and wanting to clarify if these changes are okay:
1)They want a 2 year Shut in Clause
2)They do not offer Most Favorite Nations clause
They do except:
1)They do accept depth clause of 100’ below
No deduction clause
1/5 royalty - we have 44.625 mineral acres - should it be1/4 royalty due to the amount of acres?