Has anyone done business with these folks? An offered lease has rather severe "breach of contract" language that obviously favors lessee.
Almost all of the original draft leases from any company will favor the lessee. That is why a strong Ex. A is so important. Almost every clause in a lease is negotiable and can be changed more to the mineral owner's favor.
Never heard of Quanah. Bizapedia has three entries for that name. If they are the one out of OKC, they have been in business since April 2017.
Thanks for the response. I have an excellent "Exhibit A". According to OKCountyRecords, quite a few folks have signed leases with this new company for my sections. I'm out of state so I don't know these people to know if they've been paid.
Many thanks for this info. According to the OKCountyRecords, Quanah has been filing leases in Coal County since late August. I will be on the phone shortly.
This forum is terrific. The more we can share, the better we all are served.