# Mortgaged Mineral Acres

**URL:** https://www.mineralrightsforum.com/t/mortgaged-mineral-acres/64577
**Category:** Blaine County, OK
**Created:** [January 21, 2022, 6:49pm UTC](https://www.mineralrightsforum.com/t/mortgaged-mineral-acres/64577 "2022-01-21T18:49:33Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![Lanny\_Edward\_Sells](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/l/e5b9ba/32.png) [@Lanny\_Edward\_Sells](https://www.mineralrightsforum.com/u/Lanny_Edward_Sells)
#### Post date: [January 21, 2022, 6:49pm UTC](https://www.mineralrightsforum.com/t/mortgaged-mineral-acres/64577/1 "2022-01-21T18:49:33Z")

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Is it common for oil companies to mortgage their producing mineral acres? Specifically I am talking about county records that I noticed in 3-18-13 in Blaine County.

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### Author: ![TODD\_M\_Baker](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/91b2a8/32.png) [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [January 21, 2022, 7:37pm UTC](https://www.mineralrightsforum.com/t/mortgaged-mineral-acres/64577/2 "2022-01-21T19:37:58Z")

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Sure. Minerals in Oklahoma are classified as real property.

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### Author: ![Lanny\_Edward\_Sells](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/l/e5b9ba/32.png) [@Lanny\_Edward\_Sells](https://www.mineralrightsforum.com/u/Lanny_Edward_Sells)
#### Post date: [January 22, 2022, 4:00am UTC](https://www.mineralrightsforum.com/t/mortgaged-mineral-acres/64577/3 "2022-01-22T04:00:31Z")

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Thanks Todd, I’m hoping the company is not in trouble. Derby is a great company for royalty owners.

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### Author: ![TennisDaze](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/dbc845/32.png) [@TennisDaze](https://www.mineralrightsforum.com/u/TennisDaze)
#### Post date: [January 22, 2022, 2:01pm UTC](https://www.mineralrightsforum.com/t/mortgaged-mineral-acres/64577/4 "2022-01-22T14:01:46Z")

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Most companies have loans or lines of credit which are guaranteed by their working interests in wells and leases. These loans fund operations, acquisitions, costs of new leases, etc., particularly when cash drops or there is an opportunity. The company may draw down off a line of credit on a temporary basis as needed. It is not a sign of weakness unless a company maxes out its credit and has continuing negative cash flow.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [April 21, 2022, 6:49pm UTC](https://www.mineralrightsforum.com/t/mortgaged-mineral-acres/64577/5 "2022-04-21T18:49:56Z")

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