Calvin lease offer for Sec 4, 5 north, 8 west

Jackie_Neill · October 9, 2012, 9:05pm

Rec'd a lease offer for $300, 3yr, 3/16 from Calvin this month. Haven't signed yet. Anybody have info on comparable offers recently?

Olvis_Ray_Strickland · October 10, 2012, 4:57pm

I also received the same offer except they wanted a 3 yr lease with two year option. I would not accept the two yr option and did not sign.

Daniel1 · October 10, 2012, 5:29pm

Who is offering? How many acres do you own?

Michael_Hutchison · October 10, 2012, 6:36pm

Calvin has recorded over 1000 leases in Grady and Caddo counties in the last year. I think we will all be surprised when it's revealed who the "stealth" lessor is!

James_Vandegriff · October 16, 2012, 3:01pm

I have also received an offer from Calvin in the same area. We (family members) asked for and received a no upfront money, 1/4 royalty for a 5 year term. I will be signing this during the week.

Joellen_Wheeler · October 24, 2012, 7:52pm

James Vandegriff said:

I have also received an offer from Calvin in the same area. We (family members) asked for and received a no upfront money, 1/4 royalty for a 5 year term. I will be signing this during the week.