We're considering purchasing a home with 22 acres in Westmoreland County that is currently under a 2008 boiler plate Lease. It is set to expire on May 13, 2013 but I see that Chief has this in the Lease:

EXTENSION OF TERM: Lessee may extend the primary term for one additional period equal to the primary term by paying to Lessor,at any time within the primary term, proportionate to Lessor's percentage of ownership, an Extension Payment equal In amount to the annual Delay Rental as herein described, or by drilling a well on the Leased Premises or on lands unitized or combined with the Leased Premises which is not capable of production in paying quantities.

As of yesterday, the current owner has not been contacted by Chief. Any thoughts?

Mary