Weld co T 08N R 59 west of the 6th P.M. section 23 S/2

So my question is what should the going rate of nma be? 5 years ago i leased to Noble but they let it lapse. Now i have recieved what i consider a better offer from. Wildcat Resources for $750 nma w 18.75% ROYALTY its a 3 year and 2 option and thats on 320 gross 5 nma in. Weld county. Any info. Would be greatly appreciated

That is about the going rate in weld county for the Briggsdale area.