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Posted by Char on May 29, 2025 at 14:42 — 4 Comments
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i live @ mulnix
We were leased with KCS and thankfully it expired July 19 at midnight.
We have been approached by Continental Resources for $1,250 per acre for 3 years with 25% Royalty. They are insisting on keeping the 2 year extension clause in the lease that would require them to pay us the same terms if they choose to extend for two years. 5 Years is a very long time and who knows what the per acre rate will be in 3 years...so we are deciding what to do as a family.