We signed a lease agreement back in December with UnitedOil for S27-3N-6W and are still waiting for our payment. Other family members received theirs within a few weeks but there are a couple of us that are still waiting. This is the last response we received from them:
"The arrangement that we setup with Vitruvian consisted of two separate “closings”. Your lease fell into the second closing. Between closing number one and two Vitruvian began the process of selling their assets in this 3N-6W area to Gulfport. We’ve been diligently pursuing Vitruvian and Gulfport in an effort to transfer the leases, but due the size of the acquisition (close to $1 billion) both groups have been extremely busy and unable to process the leasehold."
Should we be worried or is this a normal situation? Thanks.