A friend has enlisted my help to lease his family's undetermined mineral interest under 4,200 non-contiguous gross acres in five townships across northeast Converse County, Wyoming. DI shows the last 12 months' activity to be primarily exercising extensions, but some new leases are being bought. I would appreciate any input as to expected bonus and royalty for a 3+2 lease which seems to be preferred by lessees. Spread out over five townships, several lessees may be involved. Thanks.
Burk Royalty Co., Ltd.