Terribly low lease terms

Reviving the below topic… T49N R67W in Crook County Wyoming There has been permit/drilling activity from Oildigger Resources LLC in this area.

Anyone received a lease offer? We did and terms are terribly low on both Royalty and Bonus terms.

Thanks!

We just recieved a lease offer from Hoover Stacy on T49 R68 saying that they have recently leased for $50/acre at a 5/5 for 15% after our counter That is horrible.

Yes we received a lease from Hoover & Stacey. It was extremely low. Worse than my aunt got in 1985. We countered and they didn’t accept. Sent us a higher 2nd lease, but not as much as we wanted for such a long term lease. Disappointing to say the least.