America’s conversation place for mineral owners
MY PRODUCER HAS FILED BANKRUPTCY — NOW WHAT?
By: Wade Caldwell (firstname.lastname@example.org) and Zach Fanucchi (email@example.com)
As the dreaded packet arrives in the mail from a Bankruptcy Court, many mineral owners are being introduced to the third “B” of the oil business — Boom, Bust, Bankruptcy. This article is a quick primer for Texas mineral owners. It is not a legal treatise nor does it…Continue
Gone are the dark ages where mineral owners were relegated to relying on hostile oil company employees, unhelpful deed clerks, and state regulatory employees speaking what sounded like a foreign language.
The Internet has revolutionized access to information important to mineral owners. Available Internet resources, if they can be found, can equip you with most of the information you need. Every day on these…Continue
A call or letter out of the blue from a land man. An old mineral deed nestled in the bottom of a safe deposit box. Royalty check stubs in grandma’s papers. A casual mention by a cousin at a family reunion.
Many who have found this web site have encountered these situations, and countless others, and want to know what to do next after learning you may own mineral rights.
If you do not know…
Oil and gas lease clauses are very important in negotiating a lease. Negotiations can be tricky and have long-lasting consequences for your land and how much you receive in royalties. What gets negotiated in an oil and gas lease? Everything. However, “everything” is the stuff of legal treatises, not blog posts. Rather than try to cover everything in a short article, here are ten clauses…Continue