Have a lease coming up for expiration — have had my first landman contact me and make an offer — has anyone been leasing recently in this area: Sec. 21 1S 3W
Offering: $2,950 ac. 3/16ths, $2,450 ac. 1/5th or $700 ac. 1/4th RI on a three-year lease…
Thanks in advance for any information…
Looks like that is close to what Osage Oil and Gas has been offering in adjacent sections Don’t know who your offer is from but it may be worth reaching out to a couple of companies to gauge interest. Looks like Osage Oil and Gas Properties, Citation, Echo Energy are all pretty active in this area. Never hurts to get more offers!