I am an heir to C W Twyman, my family has royalty in Braxton, Doddridge, Gilmer and Tyler Co.'s
Can anyone advise me on our rights concerning a lease that has been held with a Casing head Rental of $12.50 per year,(that is hard to collect) for many, many yrs?? I have been told by Ritchie Petroleum which has changed ownership many times, that unless they decide to drill a horizontal well, this lease stands. I have been told several times that they do not intend to do any horizontal wells. Do we have any way to get out of this old lease????
All of our family lives out of state and I am the only one that tries to keep up with what is going on in WV.
Thanks for any input.