# Contango to combine with Independence Energy

**URL:** https://www.mineralrightsforum.com/t/contango-to-combine-with-independence-energy/64177
**Category:** Payne County, OK
**Created:** [December 8, 2021, 11:00pm UTC](https://www.mineralrightsforum.com/t/contango-to-combine-with-independence-energy/64177 "2021-12-08T23:00:01Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![Ronald\_L\_Norton](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/ronald_l_norton/32/1138_2.png) [@Ronald\_L\_Norton](https://www.mineralrightsforum.com/u/Ronald_L_Norton)
#### Post date: [December 8, 2021, 11:00pm UTC](https://www.mineralrightsforum.com/t/contango-to-combine-with-independence-energy/64177/1 "2021-12-08T23:00:01Z")

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I just found out about this Contango merger today when I inquired about late royalty payment. Contango employee in JIB/Revenue operations said merger required their bank account to be frozen until end of December so it looks like none of us will be getting any more payments until sometime after the end of 2021. Just thought you all would like to know. You can Google the press release from 6/8/2021 if you want to read the details.

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### Author: ![TODD\_M\_Baker](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/91b2a8/32.png) [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [December 9, 2021, 5:36pm UTC](https://www.mineralrightsforum.com/t/contango-to-combine-with-independence-energy/64177/2 "2021-12-09T17:36:01Z")

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If Contango is not in compliance with Oklahoma statutes regarding timing of royalty payments they owe 12% interest on your money. Depending on the amount owed, it can be a nice amount. Send them a certified letter to request the interest due.

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### Author: ![TODD\_M\_Baker](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/91b2a8/32.png) [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [December 13, 2021, 2:06pm UTC](https://www.mineralrightsforum.com/t/contango-to-combine-with-independence-energy/64177/3 "2021-12-13T14:06:27Z")

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Received Contango revenue on the 10th.

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### Author: ![Ronald\_L\_Norton](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/ronald_l_norton/32/1138_2.png) [@Ronald\_L\_Norton](https://www.mineralrightsforum.com/u/Ronald_L_Norton)
#### Post date: [December 13, 2021, 2:21pm UTC](https://www.mineralrightsforum.com/t/contango-to-combine-with-independence-energy/64177/4 "2021-12-13T14:21:28Z")

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Yep, received mine than too. Looks like their bank account has been unfrozen. That’s good news.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [March 8, 2022, 11:00pm UTC](https://www.mineralrightsforum.com/t/contango-to-combine-with-independence-energy/64177/5 "2022-03-08T23:00:58Z")

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