Too Late to Lease
Thanks
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Permalink Reply by barneyfife on
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It depends.If you and the Operator are far apart on terms, they may decide to carry your interest and see how the well turns out. If is a poor well, you might not be able to get what you were initially offered. If it as good or better than expected you might be able to name your price. If it is a dry hole, they will not be interested at any price. Of course the larger your tract or mineral interest, the better position you have.
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