I have learned that my family has land that has produced a productive flow of oil. We have been asked to sign ratification paperwork to start royalties. However , due to the Red Crest involvement we only have 1/16 of mineral rights ?Has anyone experienced this? Is this legitimate?
Here is an article on ratifications that you may find helpful - Lease Ratifications — Oil and Gas Lawyer Blog — June 11, 2012
Credit to John McFarland for the article.
Disclaimer: This post is not intended to constitute legal advice and is for informational purposes only.
Welcome to the forum.
Are you asking about ratification of a lease or about a Division Order? What state are you asking about? Then we can get you pointed in the right direction.