New Member***Am presently negotiating a new lease with 25 percent free royalty (no deductions) for oil and gas and 10 percent mineral and 1.00 per long ton sulphur. $3400 per mineral acre up front 3 year lease bonus. only .53 acres but the last unleased land in the section. Any thoughts or advice would be greatly appreciated.
Thanks
david r -- where are you located? Seems like you're doing pretty good for yourself! Later -- Buzz
Hi Buzz am located in Colorado but have property in Reeves county.
Yes, I’d like to know where this tract is located, also?
Can you give us the legal?
david r -- expand on this statement please< "... 25 percent free royalty (no deductions) for oil and gas...".
TIA -- Later - Buzz
have signed with bhp. Thanks for the advice d avid r.