Royalities

how do i know i am getting the percentage offer from white oakin illinois

terri:

Your operator should be furnishing the information based on what you are being paid. Refer to your lease % and terms of that lease. By using the info furnished by the operator and the terms of your lease, you should be able to backcheck their figures..

sorry i left the word BEST out of the question i have not signed lease yet so how do i know i am getting best ofer i can get and does every one get same percentage

charles s mallory said:

terri:

Your operator should be furnishing the information based on what you are being paid. Refer to your lease % and terms of that lease. By using the info furnished by the operator and the terms of your lease, you should be able to backcheck their figures..

terri:

You will have to negotiate the best terms possible and your % royalty and terms may be different from the others. You might have to do some homework and learn the current rates for your area before negotiating a lease. By all means, take your time and get your best lease terms.