My Mother's family entered into a lease for 168 Acres in the Bakken field in North Dakota. I am just now getting up to speed on everything that took place and it appears they signed a lease that they shouldn’t have. 8 out the 9 Heirs were paid $50 for this lease and it is set up for 1/6 royalty. The 9th person was not contacted and was not a part of this lease agreement.
Due to the exclusion of the 9th person, can we get out of this lease and re-negotiate a new one?
The Broker that submitted the lease has sold it to an oil company so it appears like this is a viable plot of land.