Ratification of lease by future heirs---who has knowledge to answer?

Minerals owner sign lease of minerals left to her by husbands' Will that on her death the minerals are transferred to two grandchildren. The mineral owner is step-mother and grandchildren biological to her husband who died. The grandchildren have received papers and ask to sign ratification of lease. They have been given copy of lease plus bonus money per acre to sign ratification. This is in Shelby County Texas. Question--why does operator need the lease ratified by future heirs? What happen if not ratified and step-mother dies before lease expires or production occurs and step-mother is receiving royalty payments?

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Permalink Reply by Love Horizontals on March 21, 2010 at 16:42
DEFINATELY go talk to a board certified O&G atty ASAP. Obviously they thought they needed you to ratify it or they wouldnt ask. Co's often try to use any delay by you to take action as your waiver of your rights.

You need to find out what your options are before you have none. Time is not your friend if they are drilling.
Permalink Reply by The_Baron on March 18, 2010 at 5:02
Hey Guys
Don't confuse ownership of minerals in Texas, and Ownership of mineral rights in Louisiana..

Estate Law nad Successions are also different. Just want our LA readers to understand this...
Permalink Reply by Jon Williamson on March 20, 2010 at 16:55
I own minerals scattered all over Texas and was once told by a wise man never ratify anything.
Ask the Lessee or Operator why you should ratify the document and see if they give you a response. They won't! It has never stopped me being placed in pay status.
Permalink Reply by adubu on March 21, 2010 at 1:40
Love Horizontal--a member with power of attorney sign for her so legal--the lease had standard 2 year option to extent lease with repeat same bonus payment.

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