Garfield County, OK. My grandfather left some land to my father and his sisters. My dad left his interest in the land it to us kids putting our land in a trust. I called the trustee, my brother, last week and he told me that they hit oil on the land across the road in July of last year and that in April I should get a check. He told me that 45% of the well is under the farm. I searched and got a land description from the Tax Assessor's office and located the well but it's a private company and I can't find any production reports.
In a 2009 trust financial report there was an oil lease signed with Raulston Oil Co. The money was received by the trust in April 2009. The Company that completed the well in July 2011 is NOT Raulston.
My dad's sister was contacted last week by someone who wanted to lease the mineral rights on the farm for $600 an acre. She is the trustee over the entire farm. My brother thought we shouldn't with oil already found under the property.
Thank you in advance.