Thank you for sharing this Oklahoma release example, Martha.
Update: The oil company’s secretary emailed back today. She sent a notarized “Release of Oil and Gas Lease.” She also said that they could mail a copy if I prefer (I do).
To be sure, I’d like to ask the forums’ thoughts about the release that she sent. I’ll use a simplistic example instead of fumbling through the details:
-Bob owns 28 acres of mineral rights -Gas Co leases the 28 acres for gas/oil production -Bob sells all 28 acres of his minerals to Bill -Bill informs Gas Co of his purchase, but the lease is not updated since no production -Bill’s lease (in Bob’s name) expires -Bill asks Gas Co for a lease release -Gas Co sends a lease release to Bill that explicitly names Bob but not Bill
Since the lease never mentioned Bill, is it sufficient for Gas Co to release Bob from the lease?
Thank y’all as always! Nick