Iwas approached by Mason Dixon Energy thru their Landman George Rife. I know that the people who are going to work the lease is another company. When I made some changes on a "copy" of the lease the Landman wasn't pleased at all. I wanted $200 bonus per acre for the first 3 years and also $200 an acre for Phase II, the second two years of the lease. They wanted me to sign for 5 years and then a second for 3 years. They offered 14% Royalty and I wanted 15% Royalty and the price was to be at Point of Sale and I was not to pay any of the expenses.
The Landman said they wouldn't meet that and said that negotations are finished. I thanked him and left it at that.
Now, how does a person go about soliciting offers for mineral rights? Anyone have any suggestions? I certainly could use some advice. I used this site and another oil & gas lease site that talked about the do's and don'ts, plus advice on negotiating the lease.
I know that I have rambled on but, I guess that happens when you get older.