Received lease proposal from Superior Title.
$150 per nma.
3/16 royalty
1. Is this a 'fair' offer?
2. What is activity in this section?
Thanks much
JB. There has been both drilling and leasing going on in your area by Charter Oak. The lease bonuses are running from $150 on the low end up to $400 on the high. I would try for a little more and a better percentage or wait for pooling