Sections 36-6S-1E, 31-6S-1E, and 6-7S-2E


#1

I unexpectedly inherited mineral rights in Love Country from my grandparents in 2013. I believe the rights are for sections 36-6S-1E, 31-6S-1E, and 6-7S-2E.

Not long after the will went through probate I received a letter from Lowry Land Co., acting on behalf of Continental Resources Inc, offering a lease for section 36-6S-1E (no mention of the other two sections).

Section 36-6S-1E is 225 acres, and the offer was $600 per acre for a 3 year term with 3/16 royalty.

Not knowing anything about mineral rights, I just set the letter aside and did nothing about it.

Now, 5 years later, I would like to do something, and I am not sure the best place to start? Is it best to go back to Lowry Land Co. and ask if they are still interested? I also wonder of someone might have been simply taking the minerals since I did not respond?

I appreciate any advice,

Steve Wiggins


#2

They cannot take your minerals away in Love Co, OK. (Other states have other rules about reversion)

Several other companies are leasing in that general area in the last 999 days. Nothing in 36 at the moment, but can’t hurt to contact them.

Christeve Oil Company

David W Potts Land & Exploration Co

Heller Oil Inc

Midwest Resources LLC

R D Williams & Company

Warwick -Jupiter LLC

Warwick - Minerva LLC

Whitmore TH


#3

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