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Question
Is $75.00 an acre plus 3/16 Royalty for a three year lease with a 2 year option a good offer for a lease in Eldorado, Okla. Jackson county.

Answer
Jerry, there's really not much going on in this county frankly, so $75 is probably pretty good for the area. I'd see if you can get them to take off the two-year extension however.

Hope this helps you out.
Frederick M. "Mick" Scott CMM RPL
Timbercreek Mineral Company, LLC

Oil/Gas

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