Hello!
I have a lease with Prima Exploration Inc, (originally signed 06-14-2012 by my late Mother with Plains Marketing) and am currently receiving royalties on the Amundsen Well. Township 160 North, Range 100 West, 5th PM Section 22: NWNE, E2NW, E2SW
Divide County, ND
I have received a letter inviting me to join a Communized Account with BLM for spacing reasons regarding the Smokey Butte-Bakken well.
The letter says I have 10 days to sign, and that if the signed documents are not received within 10 days, they will automatically add me to the CA.
Am I obligated to join the CA?
Am I giving up ownership of the mineral rights by doing so?
Is there any benefit of joining the CA?
I am just beginning to learn about these mineral interests that were left by my Mother. I have no idea what effect joining a CA will have.
Thank you for any insight you can offer!