Myself and other family members recently received offers to lease mineral rights in Roger Mills county, section 21-14N-25W, from Bridgeport Resources LLC. The offer is at $600/acre + 3/16. I can not find much info on this company. Anyone else dealing with Bridgeport? Is the offer inline with current market? Its been over 10 years since we had any lease activity, so a little out of touch with this market.
Anevay and Mewbourne are also leasing in the section. They are leasing at 1/5th and 1/4, so ask for a higher royalty. Is you have not leased recently, good idea to get an oil and gas attorney to look at the draft lease as they are rarely in the mineral owner’s favor and need edits. You can also wait for forced pooling if it is offered. Horizontal drilling is picking up in the township.