Section 20-19N-13W in Blaine County

The family trustee received an offer to lease the unleased tract in section 20-19N-13W in Oklahoma. The lease has two options: $1,500 per net acre with 3/16 royalties or $1,200 per net acre with 1/5 royalties. The tract is 80 acres. Just checking to see if this sounds reasonable. Comments, please.

I know Carrera reported hitting 2 wells next to you, the one immediately East in section 21 tested out at 338 barrels of oil and 2,600 units of N Gas. The other one bordering on your NE in section 16 tested out at 510 b o per day and 2,500 units of n gas. You are in a hot area.