Locating a HA DeSoto Parish WI Owner

New guy here so patience plz. Trying to locate a valid/current address for Texas International Petroleum Corp (TIPCO). Back story is a merger occurred in 1959 between Shoreline Drilling Co. Inc. & J.C. Trahan Drilling Contractor Inc. w/ the president of both companies the *semi-legendary* J.C. Trahan. In 1970 Trahan assigned all his interests in J.C. Trahan Drilling Contractor to TIPCO. 

Earlier this yr. based on solid advice, I retained an O&G law firm in S'port for representation in a HA 22-14-15 DeSoto well that CHK is the operator of. CHK has responded positively w/ our ORRI going forward, as has the 2nd largest WI owner PXP, so any help in locating TIPCO, the largest WI owner for our acreage would be a big help. 

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Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on July 7, 2017 at 7:51

M B~

The U. S. District Court for North Texas placed the TIPCO/TIPCO Management assets in receivership in 1975 through a suit brought by the SEC.  The receivers were Richard M. Hull and Larry Schoenbraw.  Who is your Shreveport law firm?

Skip

Permalink Reply by M B Gilster on July 7, 2017 at 12:38
Skip I tried to use Davis Powell but he had to decline once he saw my TO, as he was conflicted @ that point & I ended up w/ Downer Jones. I may email you this wknd/next week, we met @ the last La NARO confab, had sim. feelings about National NARO & then swapped emails later.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on July 7, 2017 at 12:46

Send me an email and I'll send you the unit survey which lists the ownership interests and percentages for your section.

Permalink Reply by M B Gilster on July 11, 2017 at 15:39
Thx for the offer Skip, will do so, been side-tracked this week w/ work & life but will email you this week.

CHK's atty. this time (did self-generated dem. letter in '15, got kicked down the road) cited the Risk Free Act (we anticipated such) & coupled w/ the recent amendment to it not being retroactive, our back pay *hopes* were an anticipated nyet.

Not complaining though, as mentioned earlier they have agreed to pay the ORRI going forward, received CHK's decimal interest #'s Mon. & working to verify those now. Still waiting on PXP's initial #'s (2nd largest WI owner) but they agreed on both back & future pay which is why I'm still working on TIPCO, the largest WI owner for our interest.

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