mineral rights

[keepstill]

What is the name of your state? oklahoma. i have 3.75 acres of mineral rights that i have been offered a lease for $400 an acre and 3/16 of production. if i do not lease and oil is found will i receive a full share instead of 3/16 ?

 

[HomeGuru]

What is the name of your state? oklahoma. i have 3.75 acres of mineral rights that i have been offered a lease for $400 an acre and 3/16 of production. if i do not lease and oil is found will i receive a full share instead of 3/16 ?

**A: we don't know since if there is oil, how you are going to extract it and process it and what the company that will do these things will charge you.