Okla. Stat. tit. 64, § 64-1020: Sale of oil, gas or mineral leases

The Commissioners of the Land Office may sell oil and gas or

other mineral leases on any of the public lands under their control

and supervision whether the same was acquired by federal grant,

donation, foreclosure or otherwise. The Commissioners of the Land

Office shall publish notice of the lease sale one time not less than

thirty (30) days prior to the lease sale date in two newspapers

authorized by law to publish legal notices. One of the newspapers

shall be published in the county where the land is located or other

newspaper as authorized by Section 106 of Title 25 of the Oklahoma

Statutes. The other shall be a newspaper of general circulation in

this state. The leasing shall require and the advertisement shall

specify in each case a fixed royalty to be paid by the successful

bidder, in addition to any bonus offered for the lease, and no

transfer or assignment of any lease shall be valid or confer any

right in the assignee without the prior consent of the Commissioners

of the Land Office in writing. Agricultural lessees in possession

of the lands shall be reimbursed for all damage done to the interest

of the agricultural lessee. The Commissioners of the Land Office

have the right to reject any and all bids for leases. The

Commissioners of the Land Office shall provide any other notice of

oil and gas lease sales to all interested parties by any means it

determines is needed to attract the best competition.