30,000 acre mineral lease, to Spotted Hawk oil co. Cheap price at - TopicsExpress

30,000 acre mineral lease, to Spotted Hawk oil co. Cheap price at $350 an acre. Minerals worth est. $l0,000 an Acre, plus today. Backstory. Tribal chair tried to get $l.2 million consult fee on this, not sure if side deal went thru. ANYWAY, the lease should be canceled for not drilling the required oil wells. IF minerals auctioned off, the value is estimated l. 25,000 acres x $l0,000 an acre == $25 million. 2. PLUS oil royalties at xxxx. And if tribal oil company drilled the wells, the royalties would be 80% or more versus a mere 22%. The new tribal council and Chairman will have a lot to deal with. Hopefully, we get better leaders into office. VOTE in Nov 4 final election.

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