# Sec 25 Township 16N Range 03E Lincoln County OK
**URL:** https://www.mineralrightsforum.com/t/sec-25-township-16n-range-03e-lincoln-county-ok/38154
**Category:** Oil and Gas Leasing Help
**Created:** [December 8, 2018, 7:38pm UTC](https://www.mineralrightsforum.com/t/sec-25-township-16n-range-03e-lincoln-county-ok/38154 "2018-12-08T19:38:12Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@kbartlett](https://www.mineralrightsforum.com/u/kbartlett)
#### Post date: [December 8, 2018, 7:38pm UTC](https://www.mineralrightsforum.com/t/sec-25-township-16n-range-03e-lincoln-county-ok/38154/1 "2018-12-08T19:38:12Z")
Inherited mineral rights from my dad this year. Received offer for oil and gas lease from White Star Petroleum. How do I know if the offer is good or not?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [December 8, 2018, 8:06pm UTC](https://www.mineralrightsforum.com/t/sec-25-township-16n-range-03e-lincoln-county-ok/38154/2 "2018-12-08T20:06:35Z")
First offers can be a bit low to final offers, but this is not the high royalties area. White Star pooled section 24 in 2016 for $175 @ 3/16 $100 @ 1/5th. That is a good starting point. The devil is in the details of the actual lease. You probably will have to negotiate the clauses as you need a depth clause, limit shut in time, a commencement of drilling clause, no post production clause (not an enhanced value clause), no warranty of title, no top lease clause, a Pugh clause, etc.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:27pm UTC](https://www.mineralrightsforum.com/t/sec-25-township-16n-range-03e-lincoln-county-ok/38154/3 "2025-01-11T19:27:13Z")