Stone energy has been charging PPC against our ORRI. The original lease states free of any costs. What's up with that? Anyone else have this issue?
Dan
Stone energy has been charging PPC against our ORRI. The original lease states free of any costs. What's up with that? Anyone else have this issue?
Dan
Treble Damages
Is this a flat rate lease?
Dear Mr. Conrad,
Does the Assignment of Overriding Royalty make any reference to the assumption of post production costs?
Does the Assignment of Overriding Royalty state that the overriding royalty be paid in the same form and fashion as the royalties are paid on the Oil and Gas Lease to which the Overriding Royalty burdens?
Best
Buddy CottenThanks for your reply
The lease that is from 1976 states that 1/192 of all oil and gas produced, saved and marketed from said premises under terms of said lease, free of all costs and expenses except taxes against said overriding royalty interest
Dan Conrad
Dear Mr. Conrad,
Here is an article that is worth exploring. You might usage a case.
http://www.nuttalllegal.com/2015/06/08/post-production-costs-in-wes...
Buddy Cotten
Usage=have. Auto correct on a cell phone.
See also attached file.
983-05abbott_aapl_final1.pdf (1.92 MB)