Cypress Operating, Inc - GoHaynesvilleShale.com2024-03-29T10:30:09Zhttps://gohaynesvilleshale.com/forum/topics/cypress-operating-inc?commentId=2117179%3AComment%3A3903614&feed=yes&xn_auth=noMaybe so. Haven't been in LA…tag:gohaynesvilleshale.com,2020-05-01:2117179:Comment:39038002020-05-01T15:39:59.724Zawharrishttps://gohaynesvilleshale.com/profile/awharris
<p>Maybe so. Haven't been in LA in a decade.</p>
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<p>I'm in the same boat with some old interest I own with another company. I would actually prefer not getting paid every year since the cost to upgrade the tax program is as much as the royalty.</p>
<p>Maybe so. Haven't been in LA in a decade.</p>
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<p>I'm in the same boat with some old interest I own with another company. I would actually prefer not getting paid every year since the cost to upgrade the tax program is as much as the royalty.</p> understood. I thought it was…tag:gohaynesvilleshale.com,2020-05-01:2117179:Comment:39036142020-05-01T15:33:13.642ZSteve Phttps://gohaynesvilleshale.com/profile/StevePorter
<p>understood. I thought it was La. law that they have to pay once a year, no matter how small. Maybe that's not correct.</p>
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<p>understood. I thought it was La. law that they have to pay once a year, no matter how small. Maybe that's not correct.</p>
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<p></p> This is usually due to minimu…tag:gohaynesvilleshale.com,2020-05-01:2117179:Comment:39037992020-05-01T15:29:32.545Zawharrishttps://gohaynesvilleshale.com/profile/awharris
<p>This is usually due to minimum royalty being less than $100 for the year. When I worked for them they sent out one payment per year as a courtesy even if less than $100 but that gets expensive with thousands of checks. Maybe they have changed the policy. Another reason would be if the well payment would be put in suspense for some reason (dispute of some kind or unable to locate interest owner). I'll point the acct to this post.</p>
<p>This is usually due to minimum royalty being less than $100 for the year. When I worked for them they sent out one payment per year as a courtesy even if less than $100 but that gets expensive with thousands of checks. Maybe they have changed the policy. Another reason would be if the well payment would be put in suspense for some reason (dispute of some kind or unable to locate interest owner). I'll point the acct to this post.</p> thanks. I'll get in touch wi…tag:gohaynesvilleshale.com,2020-05-01:2117179:Comment:39036112020-05-01T15:26:03.921ZSteve Phttps://gohaynesvilleshale.com/profile/StevePorter
<p>thanks. I'll get in touch with them, one way or the other.</p>
<p>thanks. I'll get in touch with them, one way or the other.</p> need to talk with someone. T…tag:gohaynesvilleshale.com,2020-05-01:2117179:Comment:39035492020-05-01T15:24:15.337ZSteve Phttps://gohaynesvilleshale.com/profile/StevePorter
<p>need to talk with someone. They operate a couple of wells in DeSoto Parish in which I own a very small interest. Wells are producing, but I got not royalty check all of 2019. I called and got and answering machine. I left my name and phone number, but haven't heard back.</p>
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<p>need to talk with someone. They operate a couple of wells in DeSoto Parish in which I own a very small interest. Wells are producing, but I got not royalty check all of 2019. I called and got and answering machine. I left my name and phone number, but haven't heard back.</p>
<p></p> Cypress has over 90 active we…tag:gohaynesvilleshale.com,2020-05-01:2117179:Comment:39036082020-05-01T15:23:05.924ZRock Manhttps://gohaynesvilleshale.com/profile/MarkP
<p>Cypress has over 90 active wells right now / mostly in N Louisiana but a few in NE Texas</p>
<p>Cypress has over 90 active wells right now / mostly in N Louisiana but a few in NE Texas</p> Yep, they're still around. J…tag:gohaynesvilleshale.com,2020-05-01:2117179:Comment:39037002020-05-01T15:07:35.473Zawharrishttps://gohaynesvilleshale.com/profile/awharris
<p>Yep, they're still around. Just wondering or do you need to get in touch with them?</p>
<p>Yep, they're still around. Just wondering or do you need to get in touch with them?</p>