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re: Oil & Gas lease offer for a recreational property in SW Miss. - what to look out for

Posted on 5/13/21 at 7:39 am to dcw7g
Posted by gsm1060
Tree stand
Member since Dec 2009
683 posts
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Posted on 5/13/21 at 7:39 am to dcw7g
Ask for a 1/5 royalty at least. Another thing to keep in mind is long term if they discover oil is to ask for a yearly surface use fee.
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