# Question about leasing company

**URL:** https://www.mineralrightsforum.com/t/question-about-leasing-company/66160
**Category:** Marshall County, WV
**Created:** [May 3, 2022, 5:03pm UTC](https://www.mineralrightsforum.com/t/question-about-leasing-company/66160 "2022-05-03T17:03:34Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![sgrube](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/848f3c/32.png) [@sgrube](https://www.mineralrightsforum.com/u/sgrube)
#### Post date: [May 3, 2022, 5:03pm UTC](https://www.mineralrightsforum.com/t/question-about-leasing-company/66160/1 "2022-05-03T17:03:34Z")

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I received a call yesterday from company wanting to know if I had signed contract and mailed back yet. Seems like they are pressuring me. I have a very small stake in these mineral rights as 8.0 acres is divided between 90 heirs. They are offering me a $400 bonus and 15% royalties and they said they did not need everyone to sign on to starting drilling. I do not know if this is true but their hurry up attitude kind of throws up a red flag to me. Any advice would be great.

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### Author: ![dome](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/d/85f322/32.png) [@dome](https://www.mineralrightsforum.com/u/dome)
#### Post date: [May 3, 2022, 8:39pm UTC](https://www.mineralrightsforum.com/t/question-about-leasing-company/66160/2 "2022-05-03T20:39:37Z")

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If the 8 acres is divided amongst 90 individual leases that yields about .088 acres per lease. Multiply the .088 by $4500 equals just under $400. I think $4,500 per net acre is a reasonable offer for a bonus on smaller acreage. You might try instead to get a slightly higher RI percentage of 16-18% in the negotiations. Under West Virginia law I believe they need only 75% of leases signed in order to proceed with drilling operations. Hope that helps and good luck.

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### Author: ![sgrube](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/848f3c/32.png) [@sgrube](https://www.mineralrightsforum.com/u/sgrube)
#### Post date: [May 5, 2022, 11:50am UTC](https://www.mineralrightsforum.com/t/question-about-leasing-company/66160/3 "2022-05-05T11:50:02Z")

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Thanks Dome. Greatly appreciate your help.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 1, 2022, 5:04pm UTC](https://www.mineralrightsforum.com/t/question-about-leasing-company/66160/4 "2022-08-01T17:04:27Z")

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