Can someone point me in the right direction for how to identify the first purchaser company, or help me to understand whether it is the purchaser or gatherer who pays royalty payments?
I have 30 years of unpaid/unclaimed royalties somewhere and I’m trying to locate them. Records show address unknown for the owner and I’ve gone to Texas and Delaware unclaimed property and so far nothing. Wondering if maybe the payments were remitted by the purchaser and turned over to the state where they are/were incorporated. I pulled the P-4s from the RRC and they only show the gatherer.
Jeff