# Mineral interest in the Jones Energy Gadwall well, Section 30 T12n5w, Canadian county, Ok
**URL:** https://www.mineralrightsforum.com/t/mineral-interest-in-the-jones-energy-gadwall-well-section-30-t12n5w-canadian-county-ok/50539
**Category:** Canadian County, OK
**Created:** [September 2, 2019, 7:53pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-in-the-jones-energy-gadwall-well-section-30-t12n5w-canadian-county-ok/50539 "2019-09-02T19:53:14Z")
**Posts on this page:** 5
**Page:** 1
### Author:  [@wmohr](https://www.mineralrightsforum.com/u/wmohr)
#### Post date: [September 2, 2019, 7:53pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-in-the-jones-energy-gadwall-well-section-30-t12n5w-canadian-county-ok/50539/1 "2019-09-02T19:53:14Z")
I have a 3.6-acre mineral interest from a working interest in 2 wells in the above section and accepted an offer in April of 2018 “to accept a $3,250 per acre cash bonus plus a total royalty of 22.5% in the above well” from Jones Energy. The offer further stated that “any party unable to deliver a 77.5% interest must accept the offer or participate in the drilling of the well.”
I did not invest in the well but accepted the cash bonus with the royalty. I have now received an email from Jones Energy stating that “you were able to deliver a 77.5% net on the working interest so there will be no override.” Jones Energy refuses to elaborate and with my small interest I hesitate to engage a lawyer. Explanations anyone?
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [September 2, 2019, 8:37pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-in-the-jones-energy-gadwall-well-section-30-t12n5w-canadian-county-ok/50539/2 "2019-09-02T20:37:25Z")
Wallace - How did you acquire the working interest? I suspect you ended up accepting the pooling offer of cash and 22.5% royalty on your unleased minerals. An overriding royalty interest is carved out of a working interest, not a royalty interest.
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### Author:  [@John\_Richardson1](https://www.mineralrightsforum.com/u/John_Richardson1)
#### Post date: [September 2, 2019, 10:33pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-in-the-jones-energy-gadwall-well-section-30-t12n5w-canadian-county-ok/50539/3 "2019-09-02T22:33:57Z")
They only drilled one well. They cancelled the second well. I am in Section 31, and I was under an old lease due to wells still operating at a 1/8 mineral interest. Just received first payment.
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### Author:  [@wmohr](https://www.mineralrightsforum.com/u/wmohr)
#### Post date: [September 3, 2019, 5:11pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-in-the-jones-energy-gadwall-well-section-30-t12n5w-canadian-county-ok/50539/4 "2019-09-03T17:11:17Z")
Thanks for your post, Todd. In the 1980s I invested in 2 working interests through a local broker in Section 30, one for 3% and another for 1.5%. In April of last year, Jones Energy informed me that I was being pooled for the new Gadwall well and had derived a net mineral interest of 3.6 mineral acres in Section 30 as a result of the 2 working interests in the 1980s. I accepted their offer as quoted above for $11,700 cash and a “total royalty of 22.5%.” I suspect that in receiving the cash I unknowingly gave up any right to an override.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:17pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-in-the-jones-energy-gadwall-well-section-30-t12n5w-canadian-county-ok/50539/5 "2025-01-11T18:17:49Z")