New Lease Offer: 162-94-##

I just got an offer from a company I don’t much like (on another producing well, they don’t offer direct deposit and held my December, 2023 checks for weeks before mailing them) and which I rejected. 4 years, $500/acre, ridiculous provisions such as wanting me to warrant title, etc… In response to my flat rejection, they asked if I wanted a counter offer as they plan to drill 3 wells. Nope, I’ll just go non-consent if I need to and have my ND attorney negotiate something. Hopefully, some other company comes in. The cover letter rattled on about the grim prospects for the industry, how things aren’t as valuable as they once were and what a big favor they are doing even making me an offer to bail me out of this. Who knew oil companies are so altruistic?