I received a lease offer for 180 acres of land I own in Trinity County. I was offered 200/acre bonus with a 1/5 royalty for a 3 year lease. Does this seem like a fair deal? I would like to hear from others to get feedback on what offers you have received. Also, does anyone have a recommendation for a good oil and gas lawyer? And did you “shop around” after getting your offer with other operators in the area to see if they might be interested in your property? I’m very new to all this - I really appreciate any feedback!
What is the Abstract number or Section and Block numbers of your minerals acreage? The location of your minerals can make a difference in the bonus money and such. Lets check the GIS Map and see if there is any activity in the area of your minerals.