Sec 15 T5N R1W

Received lease proposal from Superior Title.

$150 per nma.

3/16 royalty

1. Is this a 'fair' offer?

2. What is activity in this section?

Thanks much

JB. There has been both drilling and leasing going on in your area by Charter Oak. The lease bonuses are running from $150 on the low end up to $400 on the high. I would try for a little more and a better percentage or wait for pooling