In July 2010 my family signed a 3yr lease on the W/2 of S1, T2S, R22W that included a 2yr Kicker.
I know the leasing activity started earlier in the year and as far back as mid-2009. These leases are getting close to the end of the primary term.
I am wondering what the operators are doing with these leases. Are they letting them expire? Are they paying off on the 2yr extension? Are the re-negotiating for a lower bonus?
We live in Texas and don't have any local contacts.
Thanks for your help.