I am a royalty owner in the Johnny 32-1H well in Kingfisher County, 32-18N-8W.
The first sale was April 5, 2017. It is my understanding that the first check was to be paid within 6 months of the first sale. My brother has left 5 messages with the person at Gastar “handling the payments”. They have not returned any calls. I called and convinced the operator to put me through directly. The lady said she was working on the paperwork and should have the division orders done in the next week or two. She then said the 6 month thing was just a guideline. Sounds awfully fishy to me.
What is the law and how should we proceed?
Is Gastar financially sound?
Thanks for your help