If an Oil & Gas Company has a recorded, filed, notarized JOP that lists all of the Heirs, why would they request a Death Certificate, Last will & Testament, Copy of Order Admitting Will to Probate and Copy of Letters Testamentary before they say that they can transfer the deceased person's name into the names of her surviving heirs? Does not the JOP finalized everthing?
TIA.
Views: 471
Permalink Reply by Skip Peel - Mineral Consultant on Too many potential scenarios. See an O&G attorney.
Permalink Reply by Two Dogs, Pirate on On many occasions I have seen JOP's amended or nullified.
Permalink Reply by Joe Aldridge on I agree with TD. The company is going to want to make sure whoever they pay royalties or JOP interests to has clear right and title to the funds. Any rights or interests could have been willed. So the JOP could have been amended by the will. Until the estate is probated the company has no idea who truly owns the interest in the JOP. GET AN ATTORNEY AND GO TO PROBATE!!!!!!
Permalink Reply by Steve P on 
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