"The Mutual Benefit Implied Covenant for Oiland Gas Royalty Owners" by John Burritt McArthur

Posted this in the UMO group, however I believe this to be a good read for all GHShalers and anyone doing business with/as a mineral owner... And, posting here will be an easy find for GHS newbees.

http://lawlibrary.unm.edu/nrj/41/4/03_mcarthur_mutual.pdf

Tags: caliente, mcarthur, royalty, umo, unleased

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About As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More	Links About General Info Guidelines Supporters Donate Advertise Subscriptions Contact us

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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More

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