I was offered a 3 year lease in Frelsburg ( Colorado County) I don,t know much about this. What is my next course of action.
Lots of different thoughts as well as heated arguments about how to handle this; but, IMHO, keep your hands in your pockets away from your pen until you have a good understanding and then get help from an attorney. Also, always remember that all attorney's aren't made equal. Again, IMHO, never ever believe everything that a landman tells you until it is verified.
You might start with these two documents.719-OilLeaseChecklistMcFarland.pdf (20.1 KB) 720-NegotiatingandOilandGasLease2295112015.pdf (1.19 MB)