These minerals are currently leased until February of 2024. Lease includes a $50/acre shut-in payment clause, and an option to extend the lease for an additional two years by paying $900/acre to Lessor. Link to OGL is here: 2021 OGL.

Owner has also provided the following title history: Ownership Report and a map of the area where the property (highlighted in yellow) is located: Property Map.

 

Property Number

Lincoln County, Oklahoma

Legal Description

SE/4 of 20-17N-4E

County

Lincoln

State

Oklahoma

Net Acreage

10 NMA and INCLUDES executive rights to an additional 6.2 acres at no charge.

Price

$800/NMA or make offer (sale pending)

Interest Owned

Mineral

Leased

Yes, at 3/16 royalty

Producing

No

For more info, or to purchase or make an offer on a listed property please contact us