Red Bluff has drilled a new well for all of Section 29, Canadian County, OK. The OCC Well Record site shows a SPUD date of 11/1/18 and production commencing on 1/25/19. It would appear division orders might be mailed out in June or July.
I, and other family members, hold mineral rights in the E/2 NE/4. Since the previous lease holder had not made royalty payments in over two years, we entered, on June 13, 2018, into a lease agreement with Tributary to try to secure the release of the lease from the previous lease holder and establish Tributary as the lease holder. This process is still underway.
If this issue has not been resolved before the division orders are to be issued, what will happen? Will the division order be held in abeyance?
I will appreciate any information/suggestions on this question.