Sec 1, T15S, R27E Lea NM

Hi - Received an offer for leasing the above minerals to Ring Energy who let the prior lease lapse via lack of HBP:

$150/NMA Bonus 1/5 Royalty 1 Year term

Anyone else negotiate this with Ring?

Thanks!

would you double check that legal…that location is not in Lea County, but Chaves. Let me know, thanks

This topic was automatically closed after 90 days. New replies are no longer allowed.