# Alta Mesa chapter 11 filing
**URL:** https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590
**Category:** Kingfisher County, OK
**Created:** [September 26, 2019, 11:02pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590 "2019-09-26T23:02:16Z")
**Posts on this page:** 13
**Page:** 1
### Author:  [@CMack](https://www.mineralrightsforum.com/u/CMack)
#### Post date: [September 26, 2019, 11:02pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/1 "2019-09-26T23:02:16Z")
Just received notice that Alta Mesa is being granted initial chapter 11 status. Any thought as how this will affect royalties payments etc. in this area?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [September 27, 2019, 3:42pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/2 "2019-09-27T15:42:49Z")
The Chapter 11 bankruptcies do not usually affect royalty payments. Just got my check as usual with no delay.
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [September 27, 2019, 5:45pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/3 "2019-09-27T17:45:01Z")
Bankruptcy will have no effect as the royalties, by statute, don’t belong nor are they a part of the assets of operators.
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### Author:  [@jgraves912](https://www.mineralrightsforum.com/u/jgraves912)
#### Post date: [November 5, 2019, 1:30pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/4 "2019-11-05T13:30:23Z")
Haven’t posted on here before. Have received several letters in the mail about Alta Mesa bankruptcy. Don’t know whether to get a lawyer. Even received a letter about being a debtor and wanting me to fill out info. Could we lose our lease or rights if we don’t act on this or get a lawyer? As owners of rights, what are we facing? Has anyone else got these letters or even hired a lawyer to protect their rights? If so, please share as this group is all some of have for guidance. Please let’s talk, keep everyone educated.
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [November 5, 2019, 2:26pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/5 "2019-11-05T14:26:45Z")
You don’t need to do anything. Nothing happens to your lease. The mineral owners still get paid.
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### Author:  [@essee](https://www.mineralrightsforum.com/u/essee)
#### Post date: [November 5, 2019, 5:41pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/6 "2019-11-05T17:41:40Z")
What about lease agreements? I have the same bankruptcy notices regarding Alta Mesa Resources. Yesterday I received a Proof of Claim form to complete. I imagine we should send this form back.
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [November 5, 2019, 10:00pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/7 "2019-11-05T22:00:02Z")
Your lease will not be affected. Either Alta Mesa will reorganize or all their interests will be purchased by another company. There is no need to send in the Claim form as you are not a debtor unless you have provided goods or services to them for which you have not been paid.
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### Author:  [@JOHN\_MORAN](https://www.mineralrightsforum.com/u/JOHN_MORAN)
#### Post date: [November 6, 2019, 2:04am UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/8 "2019-11-06T02:04:48Z")
Todd is completely correct, you can trash or file all those papers. I get the same thing, received both yesterday. We went through this with Linn Energy last year. If you are getting royalties they will continue.
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### Author:  [@Theresa\_Stonehouse](https://www.mineralrightsforum.com/u/Theresa_Stonehouse)
#### Post date: [November 16, 2019, 4:52pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/9 "2019-11-16T16:52:24Z")
Hello. I’m glad I found this site and post. We inherited a land interest in Kingfisher County and received similar letters. My understanding from this post is we don’t need to do anything since we aren’t a creditor of Alta Mesa and just own an interest in a parcel of land in the county. Is that correct? Thanks in advance!
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### Author:  [@JOHN\_MORAN](https://www.mineralrightsforum.com/u/JOHN_MORAN)
#### Post date: [November 16, 2019, 5:42pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/10 "2019-11-16T17:42:52Z")
Correct, you don’t have to do anything. If you are receiving royalties they will continue as usual.
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### Author:  [@Theresa\_Stonehouse](https://www.mineralrightsforum.com/u/Theresa_Stonehouse)
#### Post date: [November 16, 2019, 6:48pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/11 "2019-11-16T18:48:55Z")
Thank you John! I appreciate the response.
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### Author:  [@Buck\_Johnston](https://www.mineralrightsforum.com/u/Buck_Johnston)
#### Post date: [January 4, 2021, 10:00pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/12 "2021-01-04T22:00:46Z")
Can Altamesa trustee demand payments back on royalty interest during preference period?
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:07pm UTC](https://www.mineralrightsforum.com/t/alta-mesa-chapter-11-filing/51590/13 "2025-01-11T18:07:40Z")