The mineral/royalty owners beware:
This is a little followup on where I sit today after having problems recieving royalties. Still have not recieved any royalties from (Oil and Gas Company from Oklahoma) as they have now attempted to say that my family is not entitled to monies from first production of well because of an amendment and that we are to recieve royalties after March of 2010; all of this is bogus! After arguing my case , it seems as if the employees are uneducated and are sc---ing alot of people who do not question what they are entitled to. If I had not stood up to, starting with the landman and on up, Then my family and everyone involved with these gas wells would have recieved pennies instead of dollars on production. I questioined every transaction and every transaction was WRONG. I have been of the phone for hours and hours with the company. I know that people are being ripped off all of the time and who would know except, the company, or someone who deals with oil and gas every day. Look for the simple things in your transaction and you will more than likely find a mistake in your dealings with the company. DO NOT trust the company. These people have had and still today are working with no supervision to keep them inline and they need to be educated and trained on how to correctly conduct oil and gas business. They also need to have a regulator of some sort to make sure that they are not ripping of the royalty owner. I know our government has no specific department for, but they need to form a branch to oversee these oil and gas people.
P.S. Just recieved a phone call from company that we are entitled to monies from first production. I guess well wait again and see what happens.