I too got a letter from Hal C Smith. Aside from the 5 year lease term, the low dollar amount and the lack of actual lease terms, I was concerned that I had never heard of this company. Therefore, I wrote back and outlined my concerns. My guess is I won’t hear anything more and that is fine,
Today, I got a call from some purported land man named Polly Hall or something. She had a 701 number, but her accent was not ND. I could not figure out what she wanted after she admitted she had no offer. Since this fish does not bite at any random lure, the call wrapped up pretty quickly. It did make me wonder what is going on after nothing, but crickets for some years.