Gas and oil rights letter and wondering how to go about this.

[Joshua D.]

Josh,

Good Morning. EQT would like to offer a Non-Surface oil and gas lease on property owned by Direct Digital Media, LLC being parcel number 21-01-0019 containing approximately 0.33 acres. EQT feels that they may be able to include this parcel in their Edenborn unit. The Edenborn unit is located near Gates Road and Edenborn Rd.

EQT is offering a flat payment of $250.00 for a five-year lease with a 14% royalty rate.

Would you prefer that I email you the lease agreement or mail the documents out to you via UPS? I'm also willing to set up an appointment and discuss this with you in person.

During our conversation, we also discussed a purchase offer from EQT for the oil and gas interest. EQT would be willing to offer $2,000.00 per acre for a purchase agreement. EQT's purchase offers are only valid until the end of every month. So, it is possible that come August 1st, 2021, the purchase offer could change slightly. Please let me know if this interest you and I will prepare a purchase agreement for your review.