Interests include oil and gas leases, mineral deeds, royalty payments, interest on late royalty payments, post-production costs.
I have been an attorney for over 20 years.
Norman & Edem, PLLC 127 N.W. 10th St. Oklahoma City, OK 73103 405-272-0200 (Tel.)
Oklahoma Bar Journal; Oklahoma Association for Justice Advocate
Highest Honors, OU College of Law, 1992 Earl Sneed Award for Oil & Gas
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I would say that it is still a very popular philosophy to retain the mineral rights when you sell the surface rights. I suppose it depends on the price you are being offered for your mineral rights.
What is the value? Thanks for the great question. The proper way to establish a market value for an oil and gas lease involves some research to learn the nature of the prospect (production on surrounding
You'll have to talk to a tax expert about the basis of inherited property. Assuming that it is the fair market value on the date of the death of the decedent from whom you inherited, then perhaps a valuation
I would recommend that you hire an attorney to assist you. Oil and gas companies are sometimes not as cooperative as they could be in making royalty payments to those entitled to them. Assuming that you
I don't have enough information to answer this question. The language of the lease controls. What does it say? Are you saying that you are an original party to the lease, or some other person is? If
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