# Company Backed Out
**URL:** https://www.mineralrightsforum.com/t/company-backed-out/1667
**Category:** General Mineral Rights Discussion
**Created:** [October 30, 2017, 10:53pm UTC](https://www.mineralrightsforum.com/t/company-backed-out/1667 "2017-10-30T22:53:21Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@Lonnie\_Rickey](https://www.mineralrightsforum.com/u/Lonnie_Rickey)
#### Post date: [October 30, 2017, 10:53pm UTC](https://www.mineralrightsforum.com/t/company-backed-out/1667/1 "2017-10-30T22:53:21Z")
For over 30 days, we were in a legally binding letter of intent to lease mineral rights in northern Blaine County, 4-18N-12W, to WSB Energy, LLC. The mineral lease would have been for three years and was to be paid by direct deposit on Oct. 27. No money was received.
Today we received an email from Devon James telling us his management was no longer interested in leasing minerals in northern Blaine County.
We turned down other offers because of the letter of intent. It appears we will be forced pooled by the Oklahoma Corporation Commission on Nov. 6. Is there any recourse we can take against WSB Energy, LLC?
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### Author:  [@K11](https://www.mineralrightsforum.com/u/K11)
#### Post date: [October 31, 2017, 2:15am UTC](https://www.mineralrightsforum.com/t/company-backed-out/1667/2 "2017-10-31T02:15:41Z")
Unfortunately no, this is actually pretty common with a lot of oil companies. Especially Chesapeake. Best bet may be to contact your previous offers or wait to be pooled.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:22pm UTC](https://www.mineralrightsforum.com/t/company-backed-out/1667/3 "2025-01-11T19:22:10Z")