Receipt of an oil and gas lease without counsel

What should one do when one is contacted by an oil and gas company on the telephone and soon the mailman delivers a bank draft along with an oil and gas lease? I recommend that the mineral owners contact an oil and gas attorney experienced in negotiating an oil and gas lease. The simplest thing to do would be to sign the lease and then deposit the bank draft. However, the mineral owner, now royalty owner, would probably leave money and royalty interest on the table. Not to put salt in the wound, but the skinned royalty owner would also leave valuable rights in the hands of the oil company instead of negotiating lease opportunities to his or her side.

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