I was leased with Samson, and now my royalty check is coming from Tellurian Operating, LLC. The letter said they acquired the well(s) from Rockcliff. Samson and then Rockcliff and now Tellurian. The Dec. 2017 royalty check was from Samson. I have not received anything from Rockcliff.
My question is this- who actually holds the lease on my property? Is there such a thing as buying a well(s) and not the "lease"? Thanks, MJC
Leases are assignable. The terms remain in force no matter how many times a lease may change hands.
I should clarify, my check came in the mail yesterday , the statement showed up in my oildex account on Monday. I was paid 2.88 for November gas which is 0.10$ better than indigo for the same month and section next to my old Samson well.
I'm guessing your minerals are in Louisiana. Our Texas minerals were once with Samson. Rockcliff got the leases. Last Samson check was in 2017. Nothing from Rockcliff in 2018 yet. have not received an assignment notice about any changes to Tellurian. but that doesn't mean anything... yet.
Very sim. to JHH here, I own Tx (Gregg & Rusk cty) minerals formerly? w/ Samson (2017 Samson rev. paid) but received an email Thrs. from EnergyLink showing Rockcliff has issued a Feb. revenue pymnt. That said I’m unclear on an assignment letter etc. being issued as I only hit the PO once/twice a month as it’s 75 miles east of me in S’port.
LA minerals, Red River Parish. A letter from Tellurian stating a change in lease ownership came last week. I never received anything from Rockcliff. Thanks to ALL for your replies.