Seeking leasing info for 11-16N-13W in Blaine

Oklahoma Mineral Rights Blaine County, OK
1

I am receiving requests to lease at 1/5 royalty ranging from $1800 to $5,000 per mineral acre. I personally think $5000 is not an honest offer. What’s a fair price?

2

Continental is planning three horizontal wells in that section. Continental has a pooling scheduled for May 2019. section 12 just pooled in March 2019 for $4700 3/16ths, $4500 1/5 or $0 and 1/4, so the $5000 offer is in the ballpark. Sure wouldn’t take the $1800 at 1/5th.

3

Hi Charles: Continental has already spud the well for your unit so your Oil & Gas Lease will be extended beyond its primary term. Do you know Reginald Gibson?

Hope its a good one.

Todd M. Baker

4

Thanks Todd, Reggie is my brother. Do you know him?

5

Don’t know him. Just saw his name on Continental’s respondents list. Doesn’t look like he is leased.

Todd M. Baker

6

Agreed,just what I thought too