Boomer's Discussions
For Louisiana Transfer of mineral rigths when there is a signed lease in place for a producing well
5 Replies
Started this discussion. Last reply by Boomer Mar 22, 2022.
Lease Language for Texas
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Started this discussion. Last reply by GoshDarn Aug 7, 2012.
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"Dion, thanks for the info! It has been passed on to start the wheels turning. Thanks a lot!"
"Skip, thank you for the info I have passed it on to the couple, and they will start the wheels turning. Again THANK YOU!"
Dion Warr, CPL replied to Boomer's discussion For Louisiana Transfer of mineral rigths when there is a signed lease in place for a producing well"Boomer:
Based upon the above facts, this is what usually happens:
1) As Skip states, the new Purchaser is required to contact the present Lessee to notify them of the change of ownership. Per the terms of most form leases, Lessee is not…"
Iris replied to Boomer's discussion For Louisiana Transfer of mineral rigths when there is a signed lease in place for a producing well"I don't need to vouch for Skip Peel's answer, I am wondering though if perhaps the former owner's lease allowed surface rights which might encumber the new owner of property? Might also be that lease about to expire and not…"
For Louisiana Transfer of mineral rigths when there is a signed lease in place for a producing well
The following situations actually happened here in Louisiana to a young couple who just moved next door to me. So, I am asking this on their behalf and hoping for information to pass on to them. Therefore, I am thanking you in advance for your sage advice.Here are the facts:1. They bought a house on 2 acres, and the seller signed over the minerals rights to the home buyer in the closing for the property on March 14, 2022.(SIDE NOTE: They had no idea they were even getting the mineral rights,…See More
Comment Wall (1 comment)
- At 3:50 on January 25, 2012,
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