True Texan's Blog (1)

Thinking About Signing A New Lease? You Better Read Every Line!

Thinking About Signing a New Lease?  You Better Read Every Line!

The newest lease to cross my desk was for a time period of (3) years.  We didn't want an extension clause because we want them to drill.  So what did they do to try to get an extension? Write in a clause saying that this new lease would auto renew every 90 days for $1.

After reading some of the post here on and dealing with some of the new land man.  I'm losing all trust in…


Added by True Texan on September 28, 2013 at 4:05am — No Comments

© 2020   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service