This month’s payment from Mack Energy was for an unexpectedly large amount (i.e., about ten times larger than usual). The remittance statement included the usual monthly production figures for June, but then several pages of figures dating back to 2019. Just curious if anyone else noticed this, and what it might be all about?
Yes we received the same increase. The reason being is that Mack miscalculated our decimal interest and in order to correct that they sent out corrected royalty payments back to 2019. I can’t speak specifically to your case but that is what happened with our family. Also, they should have included penalties in the amount of 12% per year that they were behind. I was told they would do that as well as the missing royalties.
Great, thanks for the explanation!