I have mineral rights in Richland County, Montana. In 2005 I was approached with a lease offer from a landman based out of Minot, North Dakota. I was offered $320.00 an acre for Township 22 North Range 59 East Section 27 W 1/2 of 320 acres more or less. Now my question is I only received an overnight check in the amount I believe as $2,500. My sister and mother also own minerals in the area; they not only received their checks but also were awarded royalties and such until they both decided to sell. My question is I thought I had sold these specific acres but I never received any royalties as my mom and sister were for approximately 8 months till they sold. Was the oil company unable to find me? Good possibility. Am I entitled to any back royalties? I would think so. Please any and all help. Thank you, Theresa Hennen.
I apologize, my mineral acres are 5.85185. Thank you. Theresa Hennen.
Check your state’s unclaimed property fund under your name. You may have money there. In fact, that may be why you were approached to sell your minerals—someone found that you had money there and bought your minerals and your account without disclosing the existence of the account.
If the unclaimed property fund there reports no money for you, ask if they can search to see if there was ever any money there for you. Who did you sell to?