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Probably, but nobody knows for sure. How long are leases?

knows leases sure
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Probably, but nobody knows for sure. How long are leases?

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They are usually either three years or five years, the time the company has exclusive right to drill. If the lease lapses with no drilling, the property owner is free to negotiate a new lease. If the company honors the lease, drills and begins production, then the lease continues in perpetuity.

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