Replies to This Discussion

Permalink Reply by Linda Whatley on February 4, 2011 at 11:23

Wow, that's a bummer.......  and highly complicated!!.  Again, seek out a good title attorney.     

Permalink Reply by Mac Davis on February 4, 2011 at 11:20

Be really sure to get all the details straight before going to the lawyer, or it's going to be extra expensive.  

 

Asking a question here, then throwing out extra information after you get an answer is not the way to get the "final" answer. 

 

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Permalink Reply by Stevew on February 4, 2011 at 10:31

Phil, if your kids can't figure this out, I doubt if a group of landmen and owners can.  I think you need to consult a Texas lawyer who speciaizes in oil and gas - yes, they are expensive, but in cases like this there may not be a subsitute.

 

 

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Permalink Reply by Linda Whatley on February 4, 2011 at 10:42

That's for sure!!!!!

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Permalink Reply by Phillip Crump on February 4, 2011 at 10:52

I need to get the first check to see what it might be worth.

 

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Permalink Reply by Mac Davis on February 4, 2011 at 11:11

Logger is right in the sense that what we say carries no weight in court.  You will probably need a lawyer on this.

 

Is this in "prime" Haynesville shale territory?  If so, even the 7 1/2 acres will probably pay out enough money that you really want a good O&G lawyer to check it all out anyway.  Especially if son and granddaughter lawyers tell you that's what you should do. 

 

However, spending some effort trying to figure things out on your own may help you out in the long run.  If nothing else, you will at least understand the issues better.  Gather up all the info you can, document as much as you can clearly and concisely.  It will help when/if the laywers get involved.  Remember that every minute the lawyer spends on your case costs you dollars, so it's in your best interest to make it as clear and easy as possible for him. 

 

Consider the possibility that the oil company is simply using these questions as a scam to avoid paying you.

 

Is the person who sold you the 49.21 acres still around?  Do you know who you think owns the mineral interest from the 49.21 acres?  Do you know who the oil company thinks owns the other half of the 49.21 acres?  It may simplify things if all the parties who own interest in the entire 64.21 acres agree that party A owns x acres and party B owns y acres.  Don't sign any agreements trying to straighten this out without a lawyer.

 

 

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Permalink Reply by Phillip Crump on February 4, 2011 at 11:24

Mac,

Thank you very much for your advice. My son and Granddaughter both think that I still own the whole 49.21 acres but we are biased in our opinion. Some day it will belong to them. The people that could posible own it do not know that they may own it and have not tried to lease it. So Unit Production is not paying the royalty to anyone at this time.

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Permalink Reply by Linda Whatley on February 4, 2011 at 11:32

I'm not a lawyer, but since you didn't know you owned any minerals in the 49.21 acres, you may have a chance if you can prove your "intent" was to only convey 1/2 interest in the 15 acres. ........  Worth a shot!!!!   

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Permalink Reply by Phillip Crump on February 4, 2011 at 11:39

Thanks that Is my hope if it proves to be a good shot I will hire a oil & gas attorney. 

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Permalink Reply by Linda Whatley on February 4, 2011 at 11:53

I think someone mentioned a "martini" earlier...... and since it's 5:00, I think I'll go fix me and my hubby a cocktail or two!!!  

 

Good luck!!!!

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