Leasing rates east of crescent

Oklahoma Mineral Rights Logan County, OK
1

I own the mineral rights to some land east of crescent and was recently contacted by a landman wanting to lease them. What kind of price per acre is this going for? thanks

2

what legal etc

3

SE/4 25-17N-4W



db said:

what legal etc

4

400 to 900

5

THANK YOU-DO YOU OWN LAND THERE?



db said:

400 to 900

6

im 6 mile east ,but know others in area

7

ARE THEY DRILLING OR JUST LEASING?

8

drilling by me,,leasing by you

9

WHAT IS THE NAME OF THE DRILLING COMPANY IF YOU DON'T MIND MY ASKING?



db said:

drilling by me,,leasing by you

10

trinidad

11

THANK YOU SO MUCH!!!!

12

trinidad is drilling for osage

13

We have been paying 500-700 an acre in the eastern half of the township depending on location. Hope that helps.

14

$650.00 to $700.00 per NMA and 3/16 to 1/5 (with the right company) royalty!

Also, see my response to Ed Watson regarding Sundance Energy at the link below.

http://www.mineralrightsforum.com/group/logan-county-ok-oil-gas/forum/topics/sundance-oil-company-intentions-experience

Best Regards and Good Luck

15

does your company offer a "Favored Nation Clause"?

Greg said:

We have been paying 500-700 an acre in the eastern half of the township depending on location. Hope that helps.

16

steven, have you heard of the "favored Nation Clause"? I know the oil companies do not like this clause but it really is fair to the mineral owners.

Steven Holt said:

$650.00 to $700.00 per NMA and 3/16 to 1/5 (with the right company) royalty!

Also, see my response to Ed Watson regarding Sundance Energy at the link below.

http://www.mineralrightsforum.com/group/logan-county-ok-oil-gas/for...

Best Regards and Good Luck

17

Depending on the size of the interest we have done favored nations clauses before, but is limited to the section in which the acreage lies in.

carol ann collins said:

does your company offer a "Favored Nation Clause"?

Greg said:

We have been paying 500-700 an acre in the eastern half of the township depending on location. Hope that helps.

18

COULD I CALL YOU TOMORROW?

Greg said:

Depending on the size of the interest we have done favored nations clauses before, but is limited to the section in which the acreage lies in.

carol ann collins said:

does your company offer a "Favored Nation Clause"?

Greg said:

We have been paying 500-700 an acre in the eastern half of the township depending on location. Hope that helps.