# Okfuskee lease offers in Sec 8,11, 24 &25
**URL:** https://www.mineralrightsforum.com/t/okfuskee-lease-offers-in-sec-8-11-24-25/6405
**Category:** Okfuskee County, OK
**Created:** [August 21, 2015, 6:16am UTC](https://www.mineralrightsforum.com/t/okfuskee-lease-offers-in-sec-8-11-24-25/6405 "2015-08-21T06:16:08Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@Karen\_B](https://www.mineralrightsforum.com/u/Karen_B)
#### Post date: [August 21, 2015, 6:16am UTC](https://www.mineralrightsforum.com/t/okfuskee-lease-offers-in-sec-8-11-24-25/6405/1 "2015-08-21T06:16:08Z")
I am trying to get an idea of what a reasonable offer is for some mineral rights my 95-year-old mother has in Okfuskee. I have received offers for:
a) Township 11 North, Range 11 East, Section 31 SW/SE/4; 15 NMA Cochran Land Service offered $200/acre with 1/8 royalty and 3-year term with 2-year option to extend or $150/acre with 3/16 royalty and 3-year term with 2-year option to extend
b) 25-10N-10E: E/2 NE/4, W/2 NE/4, S/2 NW/4 NW/4, S/2 NW/4 SW/4; 24 NMA: Paladin Land Group offered $75/acre 3-year term & 3/16 royalty or $125/acre 3-year term 1/8 royalty with option to extend for 3 years
c) 24-10N-10E: NW/4 NW/4; SE/4 NW/4; N2 SW/4; S2 SW/4; 6.6 NMA same as (b)
d) 8-10N-11E: NE/4 NE/4; 20 NMA same as (b)
I would appreciate any advice on what to do with these offers.
---
### Author:  [@Aaron\_Bryant](https://www.mineralrightsforum.com/u/Aaron_Bryant)
#### Post date: [October 20, 2015, 4:47pm UTC](https://www.mineralrightsforum.com/t/okfuskee-lease-offers-in-sec-8-11-24-25/6405/2 "2015-10-20T16:47:15Z")
Whatever you do, don’t sign a 1/8th lease. Unless you are hard up for cash I’d negotiate for 1/4th. They may or may not pay a bonus, but come time to drill or if you decide to sell the rights down the road, having them on 1/4th RI makes them far more valuable. Also make them throw in a free of cost provision as well as a depth clause.
---
### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:33pm UTC](https://www.mineralrightsforum.com/t/okfuskee-lease-offers-in-sec-8-11-24-25/6405/3 "2018-08-14T23:33:59Z")