Newly inherited mineral rights

[Richard_Winblad]

@Rick_Howell

Regardless, the entire terms of the lease contract are FAR more important than the Bonus/Royalty amount when you are talking about a $50 per acre lease. Your not leasing is not going to influence the decision to drill. In most cases the most you could lose by not leasing is $350.

Agree 100%. Also, don’t be afraid to not lease. You cannot be left out of bonuses or royalties. There is a process called “Forced Pooling” which protects individuals who do not accept lease offers.