Paloma Partners LLC

Anyone familiar with this bunch? Any history of doing business in Oklahoma?

Yes, they have been around for a while under several names.

Are they actual producers? Apparently there are numerous LLCs under the banner. I have been asked to provide my consent (which will not unreasonably be withheld) to an assignment of a lease to them by Continental. I don’t want to be stuck with a claim for unpaid royalties. The LLC Business plan can be pump-and-run.

I know. Would I trust them any less than Harold?

They are a reputable company.

As with every company, ready the leases carefully and get an attorney involved if you need one.

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