Okla. Stat. tit. 64, § 64-1091: Notice and sale of lease

Should the Commissioners of the Land Office find that the state

owns a valuable mineral, they shall offer the necessary mineral

lease for sale on competitive bids, and notice of such sale shall be

published in at least one newspaper, authorized by law to publish

legal notices, in the county in which the land is located. The

notice shall state the terms and conditions under which sale will be

made; the annual rental and/or royalty which will be acceptable to

the Commissioners, and that the Commissioners have the right to

reject any and all bids.