Canadian county section 16, T13, North R 7 west

Oklahoma Mineral Rights Canadian County, OK
1

be offered $2,500 for 3/16, $1,500 per acre at 1/5 and $0 at 1/4.

what would you do?

2

I would take the 1/4th. But I would negotiate the terms of the lease. The first one they put in front of you is most likely all in their favor and not in yours.

1 Like
3

I would counter them with $5000 an acre and 1/4.

6

Counter but the lease terms could bind you, your heirs & their heirs for decades.