# Option to extend lease beyond original term
**URL:** https://www.mineralrightsforum.com/t/option-to-extend-lease-beyond-original-term/83187
**Category:** Caddo County, OK
**Created:** [August 21, 2025, 3:33pm UTC](https://www.mineralrightsforum.com/t/option-to-extend-lease-beyond-original-term/83187 "2025-08-21T15:33:13Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Jim\_shaw](https://www.mineralrightsforum.com/u/Jim_shaw)
#### Post date: [August 21, 2025, 3:33pm UTC](https://www.mineralrightsforum.com/t/option-to-extend-lease-beyond-original-term/83187/1 "2025-08-21T15:33:13Z")
We have several companies interested in leasing our 40 acres in Section 27, Township 10N, Range 9W. They are offering 200% of lease bonus after the initial lease term. This option is new to me; any recommendations?
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### Author:  [@CanadianTuxedo](https://www.mineralrightsforum.com/u/CanadianTuxedo)
#### Post date: [August 21, 2025, 9:16pm UTC](https://www.mineralrightsforum.com/t/option-to-extend-lease-beyond-original-term/83187/2 "2025-08-21T21:16:36Z")
This sounds like an extension option where the lessee can pay you 200% of the initial bonus to extend the lease another term of years. If so, it seems they are admitting the value of the leasehold will double after the initial lease term. In reality, the value of your unleased mineral interest, after the initial lease term expires, could triple or more in value in the next three years.
On the other hand, maybe they drill on your lease and it’s irrelevant. There is always the chance the value could stay the same or even drop.
My first advice is generally a hard no on any type of extension option. Hope this helps.
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### Author:  [@Jim\_shaw](https://www.mineralrightsforum.com/u/Jim_shaw)
#### Post date: [August 22, 2025, 8:32pm UTC](https://www.mineralrightsforum.com/t/option-to-extend-lease-beyond-original-term/83187/3 "2025-08-22T20:32:45Z")
Thank you for your feedback. Our last lease did not have an extension.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [November 19, 2025, 3:33pm UTC](https://www.mineralrightsforum.com/t/option-to-extend-lease-beyond-original-term/83187/4 "2025-11-19T15:33:41Z")
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