I am trying to figure out why Bearcat Land on behalf of Continental would offer more money for a lease which delivers more % net revenue interest? If that money is a bonus, wouldn’t companies offer more bonus for a less return to the royalty owner? I would like to take the $1500 with 87.5% net revenue interest instead of the $500 with 80% net revenue interest, any day, but I am not sure what I would be giving up long term, if anything. This may sound confusing with good reason: I am confused. LOL Any insight would be greatly appreciated. Merry Christmas to all!
The choice is whether they drill or not. No drill, then lower NRI is better. If they drill, then you may be disappointed. Good luck.
Appreciate your insight. Question: Is there a way to know if they will drill or not anytime soon?