# Toole County Lease Offer
**URL:** https://www.mineralrightsforum.com/t/toole-county-lease-offer/36419
**Category:** Toole County, MT
**Created:** [November 6, 2018, 5:04pm UTC](https://www.mineralrightsforum.com/t/toole-county-lease-offer/36419 "2018-11-06T17:04:39Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@David\_vonFischer](https://www.mineralrightsforum.com/u/David_vonFischer)
#### Post date: [November 6, 2018, 5:04pm UTC](https://www.mineralrightsforum.com/t/toole-county-lease-offer/36419/1 "2018-11-06T17:04:39Z")
I have received a lease offer for minerals in Toole County. Township 35N, Range 04W, Section 9, 10 Township 34N, Range 03W, Section 24 Township 32N, Range 05W, Section 27 We own 100% of the minerals.
The offer seems very low to me and for too long of a duration. Maybe too small royalty also? Five-year Primary term with an option to extend for an additional three years. Bonus consideration $15/acre. Extension bonus $30/acre. 1/8 Royalty. I believe the offer is from Farleigh Oil Co. Does anyone have any thoughts? Is there any activity in the area?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [November 6, 2018, 9:02pm UTC](https://www.mineralrightsforum.com/t/toole-county-lease-offer/36419/2 "2018-11-06T21:02:09Z")
Too long in time. I never do more than three years and never do an extension. Also, I never do 1/8th. I start at 3/16ths.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:38pm UTC](https://www.mineralrightsforum.com/t/toole-county-lease-offer/36419/3 "2025-01-11T18:38:21Z")