A 2 year kicker is an option to renew the lease for another 2 years. Usually the bonus is stated in the lease rider and the royalty stays the same.
On Oct 4, 11:05 pm, RioRico <[EMAIL PROTECTED]> wrote: > Overheard the landman say to another person that 5 years wasn't > necessary. Offer 3 years with a 2 year kicker. Whats the 2 year > kicker? I know 2 more years lease but at what price per acre? > Anyone out there used this on their lease? > > Thanks > > RioRico --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Bakken Shale Discussion" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/bakken-shale-discussion?hl=en -~----------~----~----~----~------~----~------~--~---
