# Todco Petroleum

**URL:** https://www.mineralrightsforum.com/t/todco-petroleum/72325
**Category:** Oil and Gas Leasing Help
**Created:** [September 14, 2023, 1:26am UTC](https://www.mineralrightsforum.com/t/todco-petroleum/72325 "2023-09-14T01:26:58Z")
**Posts on this page:** 5
**Page:** 1

<div class="post-metadata">

### Author: ![Carol\_Beck](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/carol_beck/32/17526_2.png) [@Carol\_Beck](https://www.mineralrightsforum.com/u/Carol_Beck)
#### Post date: [September 14, 2023, 1:26am UTC](https://www.mineralrightsforum.com/t/todco-petroleum/72325/1 "2023-09-14T01:26:58Z")

</div>

Earlier this year, I signed a lease offer, and then it was not filed. I have now been offered another lease from a different oil company. I would like to hear from someone who has some knowledge of Todco Petroleum.

---

<div class="post-metadata">

### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [September 14, 2023, 1:34pm UTC](https://www.mineralrightsforum.com/t/todco-petroleum/72325/2 "2023-09-14T13:34:28Z")

</div>

Were you paid for the lease? What state? Oklahoma?

---

<div class="post-metadata">

### Author: ![Carol\_Beck](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/carol_beck/32/17526_2.png) [@Carol\_Beck](https://www.mineralrightsforum.com/u/Carol_Beck)
#### Post date: [September 16, 2023, 12:46pm UTC](https://www.mineralrightsforum.com/t/todco-petroleum/72325/3 "2023-09-16T12:46:13Z")

</div>

No, we were not paid by that company, Avenay. Yes, we have 8 acres in McLain County, Oklahoma. This new offer is from Todco, and I am reluctant to accept the offer until I know more about this company.

---

<div class="post-metadata">

### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [September 16, 2023, 12:50pm UTC](https://www.mineralrightsforum.com/t/todco-petroleum/72325/4 "2023-09-16T12:50:14Z")

</div>

Did you sign the actual lease or just the letter of intent? If you signed the lease and it was not filed, request by certified mail return receipt that they return the lease since you were not paid.

Todco has been around a long time. They are a leasing agent for another company.

Never hand over a lease without getting paid the same day. You can sign a lease and have a third party such as a lawyer or accountant hold it until the bonus is paid. Then they turn over the original lease.

---

<div class="post-metadata">

### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [December 13, 2023, 1:27am UTC](https://www.mineralrightsforum.com/t/todco-petroleum/72325/5 "2023-12-13T01:27:02Z")

</div>

This topic was automatically closed after 90 days. New replies are no longer allowed.