Can anyone tell me if the Louisiana ten (10) year limitation on reserving mineral rights, (when the land is sold), applies if the land is leased and has a producing well on the land prior to selling?
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Permalink Reply by Janice Garrett on May 15, 2014 at 4:42 Thank you, Dion.
Permalink Reply by Two Dogs, Pirate on April 16, 2014 at 5:30 Skip I was surprised to see some of the lands South of Alexandria sold for I-49 where the state got the minerals.
Permalink Reply by Skip Peel - Mineral Consultant on April 16, 2014 at 5:35 That is a surprise. We've previously discussed minerals reserved to the sellers in the I-49 right-of-way. Any idea how those minerals did not get reserved?
Permalink Reply by Two Dogs, Pirate on April 16, 2014 at 5:44 On one tract around 175 acres were separated to the western side of I-49 from the eastern 1000 acres. I could see maybe how this could happen but there was another tract that I will have to look back at to refresh my memory because I didn't buy the lease on that tract.
Permalink Reply by Eric Polansky on April 16, 2014 at 5:56
Permalink Reply by Skip Peel - Mineral Consultant on April 16, 2014 at 5:57 Were all 175 acres within the right-of-way? That would seem unusual indeed. Of course the interstate would serve to divide an existing mineral servitude potentially rendering some portion subject to prescription.
Permalink Reply by Two Dogs, Pirate on April 16, 2014 at 6:29 The folks were able to reserve minerals under I-49 but not on the property to the West of the ROW. The state still owns the 175 acres, surface and minerals.
How does that work, two dogs? Reserve minerals on one side of the Big Road, but can't reserve them on the other side???
Man, there's some Cajun logic for you.Because the landowner can no longer access his property directly he won't be going over there, and so he won't be needing his mineral rights either. Jeez.
Besides, the state can't acquire mineral rights anyway, except on property sold for taxes.
Permalink Reply by Eric Polansky on April 16, 2014 at 6:37
Permalink Reply by Skip Peel - Mineral Consultant on April 16, 2014 at 6:41 Eric, there is no Arizona Parish in LA. There is a small town in Claiborne Parish by the name of Arizona however it is nowhere near Interstate 49 and the lands to which Two Dogs is referring.
Permalink Reply by Eric Polansky on April 16, 2014 at 6:46
Permalink Reply by Eric Polansky on April 18, 2014 at 1:25 248 members
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