Good luck to everyone in Washington County on the various lease renewals coming due this summer / fall. I personally can't believe it's been 5 years already. For me, it's been a really good 5 years and the lease money I received in 2012 is a part of that I'm sure. I hope others are still enjoying their bonuses as well! 

I wanted to share with other SEOLA members that I was recently in touch with Jennifer Garrison / SEOLA. I asked if she'd heard any news concerning the possibility that some of the deals she put together in Washington Co. were going to be extended. She responded that she was currently "discussing" that with the O&G company in my group / deal and that she may have "news" within a few weeks.

I have a gut feeling that they may not want to renew exactly the same lease but that they will want to renew with some modifications. Personally I'd be ok with modifications as long is it wasn't much less bonus (per year) and for shorter term, maybe 2 or 3 years. Looking up news on them and such, I feel they are still strongly in the game and won't be willing to give up all the acreage they worked so hard to tie up.   

I know it's also possible that they just won't want to renew at all, I would guess that Jennifer would look for other O&G companies at that point and we could be going through a similar process as back in 2012. Lots of waiting, meetings, nervousness, etc.  

When I hear news I'll be sharing what I can here. I do anticipate that good things are coming again, soon. I wish everyone lots of good luck!

ps: Hi Steve and Rose, hope you are both well. :-)