Discrepancy in Weld County NMA between 2 firms

Ownership and Title
1

Greetings All,

In 2012 we leased a section in Weld County, CO to company “A” ** showing ownership of 5.84 NMA, company “B” is showing ownership of 4.99875. Our Grandfather and his B-I-L leased 13.33/320 which was divided equally then conveyed 1/4 of the 13.33/320 to a different individual.

I’ll admit I’m not a math major but how could such a difference occur ?

Jon

Company “A” was a major Oil entity.

2

13.33/320 of what legal description? ie SW/4, whole section or what

3

Brad-

Being a rookie all documents show S23 W2

Thank you,

John

4

Hi John,

That makes sense to me. I believe Company “B” is correct, as follows:

13.33*0.75 (what remained after 1/4 interest was conveyed)=9.9975

9.9975/2=4.99875.

It is unclear how Company “A” came to their calculation.

1 Like
5

Ryan,

Thanks you for your reply and calculations which confirmed what I was afraid of. What peaked my curiosity is company A is such a major player in Weld County I couldn’t see how they could overlook such a discrepancy, unless it occurs more often than I think.

Your response is exactly why this forum is so important to all Mineral Rights holders.

John

6

Have you confirmed that the W2 is actually 320 acres and not abnormal size? Could make up for discrepancy

8

You’re welcome, John! We’re all in it together.

9

if it were me, speaking off the record, i would keep my mouth shut since it worked out in your favor

10

If you are overpaid and they catch it, they will recover it.