Offered oil,gas,mineral lease

Answer 1

Yes, try to negotiate better terms like $150 bonus to $250 on a 3 year. It's always risky holding out too long. Just read the lease agreement and if it doesn't sound good then try to get them to redo or agree to mark it out. Look for an option to extend and cost you'll have to pay  a share of like transportation cost, ask for a no cost lease, but other than that most things are minor.

Tim Metz

Nationwide mineral rights buyer

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