I got a lease offer for $1000/ac bonus for 1/8 royalty, $750/ac bonus for 3/16, or $500/ac for 1/5, or $0/ac for 1/4. I also got a notice that Black Mesa Production has applied for “Irregular Horizontal Drilling and Spacing Units”. Does that mean they plan to drill soon? Should I be able to get a better deal?
I would think you should be able to get a better deal. Who is the offer from? You have to be careful here, a few shady groups…
Mineralinsight.com shows much higher bonuses than that. Try reaching out to TODOC Properties, Echo, Continental or Citizen Energy for a better offers.
Who is TODOC Properties? Never heard of them.
I haven’t either… maybe a broker? Results for “todoc” | OKCountyRecords.com | County Clerk Public Land Records for Oklahoma doesn’t have much on them, especially recently.
I may be able to help you get a better deal here if you like.
May be TODCO. I have heard of them.
TODCO PROPERTIES INC 1818 WEST LINDSEY SUITE a-102 NORMAN, OK 73069
Those are all typos on the data base. At least the ones going back to 1992 are. The leases actually say TODCO.