Does anyone know if it’s normal for a company to withhold a maintenance fee if the royalty rate is above 14 percent? Or is this just an excuse the companies use to discourage negotiations? Thanks for any information and Happy Thanksgiving to all.
I have never heard of that, but I’m not as well versed as others on this site on all the tricks gas and oil companies use to shortchange owners. As you mentioned, it sounds like a ploy to discourage negotiations. The whole point of negotiations is to come to a mutually agreeable outcome. Stick to your guns the best you can and Happy Thanksgiving!!
We signed a lease in Marion County above 14 percent and do not have a maintenance fee.