The one thing you need to understand about mineral rights Leases there are clause set up to protect the Oil and Gas company and not the Heirs. Here what I have come across in ours : this is the response I sent Antero: You have what is called a Catch 22 agreement attached to this Antero new Mineral Rights Agreement that none of the Heirs of Dora Olive Parker are not going to agree too: A) Automatic Extended Indefinite clause after the 5-year agreement for Oil and Gas, B) Post Production Expenses and Cost, C) Title Issues, D) Interest & taxes paid by Mineral Rights Heirs, E) Antero or Affiliates Can sell the Mineral Rights to a second or third party,
This is what I asked for in the renegotiation: We want a No Warranty Of Title Clause that shows our ownership of mineral rights or a Special Warranty Of Title Clause that doesn’t make any promises, we also want a Hold Harmless Clause for the Mineral Rights Heirs under our Mother Dora Olive Parker, we are also requesting a Marcellus Shale Formation Limit
Subject: Antero has until June 11, 2021 to respond: Renegotiation of Antero Mineral Rights Agreement Contract Dated May 26, 2021, 2nd Great Grandfather Thomas D. Anderson 10.25 acres Muddy Creek Ellsworth District Tyler County West Virginia & Great Grandfather Robert Greer Anderson 10.25 acres Muddy Creek, Ellsworth District Tyler County West Virginia
Mrs. Carla Cottrill & Chairman CEO Paul M. Rady