Hello and thank all of you who give their time and experience to help others on this site. I am completely new to all of this. About 18 months ago I was contacted by an oil company wanting to lease some minerals. This was the first I had heard of any possible mineral rights so I started looking into it and have an overwhelming amount of information, some colorful family history, and unfortunately more questions than answers. I've been gathering information and working thru all of this new information with the knowledge that I will need to hire professional help soon but hoping that someone on here can answer a couple of questions that will eliminate or include which properties to investigate further.
1. There was a property sold at court ordered auction and conveyed by Sheriff's Deed in the early 1950's. It makes no mention of mineral rights in the order. The sale satisfied a portion of the judgment and five years later the judgment was satisfied and a release of judgment was filed. Question: Can a Sheriff's Deed convey mineral rights?
2. The leasing company only wants to lease 10 mineral acres of a 20 acre tract. Can they do that?
3. In the first line of heirship there were 7 children one never married or had children. The second line there were 4 children, one married but was killed in WWII with no children. Are those children included in the calculation when dividing net mineral acres?
4. I found a deed that just said "Deed" on the top between my grandmother and a well known wildcatter. It consisted of one sentence--"For a valuable consideration the recipt of which is hereby acknowledged, I (her name) do hereby grant and convey to (wildcatter) my undivided interest in (property described here) of Ward County Texas". Legal mineral deed or not?
5. Later that same year my grandmother signed a power of attorney on same property granting permission to another party to act on her behalf. After that I can find nothing connecting her to the property. Should I continue looking into the possibility that she still owned those mineral rights?
Any help or direction is so greatly appreciated. Again thank you all for what you do!