Sec 1, T15S, R27E Lea NM

Hi - Received an offer for leasing the above minerals to Ring Energy who let the prior lease lapse via lack of HBP:

$150/NMA Bonus 1/5 Royalty 1 Year term

Anyone else negotiate this with Ring?


would you double check that legal…that location is not in Lea County, but Chaves. Let me know, thanks

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