If I have 40 acres of land, is it possible to lease only 5 acres to Company A and not lease the rest? What would be the benefits, if any at?
Could I lease 5 acres to company A and then lease the other 35 acres to company b?
Can I do either scenario if all 40 of the acres are included in a 640 acre unit.
Thanks in advance,
I really appreciate the help
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Possible but not probable. I don't think there would be any benefits. You've got limited leverage with a modest size mineral interest unless it is a preferred drill site location.
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