I invested in a well that was shut in a while back when oil prices were low. The operator asked to plug the well if none of the owners wanted to take it over. So they plugged it and sent a bill for each investor’s share.
This is the first plugged well I’ve been part of. Can you confirm if I need anything in writing to remove my interest in the well once I pay my share? I’m just wondering if there can be additional issues in the future, where I don’t want my name associated with it.
Or once I pay my share, I’m basically free of any additional headaches that may come?