who,when, and where?
I own 40 acres in section 28,16n-13w. Currently
the KInsey 28 well has shown positive production
for jan,feb, and march. We originally leased with
Camterra. We were told that the will was drilled
by JW operating, but then after receiving no royalties
were told EXCO would be paying us. My question is
aren't there laws stating payments are to be made no
later than 90 days after production. Now its mid June
and still no payments. We have contacted both companies
and they point the finger at the other. What sould we do?
How can we find out who will pay us, according to
Sonris its JW, but they say call EXCO. Why were not
informed of any of this? If not for people like Jay and this
sight, we would know nothing.
Views: 43
Replies to This Discussion
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Permalink Reply by w.r. frank on
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WHen was well turned to sales and what does your lease say. Some say 120 days and some say 180. Then it depends on whether company complies. Send demand letter by certified mail and get attorney or you will be bullied forever.
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Permalink Reply by john hamilton on
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We originally signed with Camterra which
stated 90 days, but as for Exco or JW,
who knows. Excotold me they are waiting
on JW to get the names of all property owners
in our unit. "(sec 028,16n-13w)
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Permalink Reply by ELLIS HUGH on
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EXCO owns the lease, but JW is the operator.
In the absence of a JOA or other agreement, the royalty payments for your undivided mineral interest (5 net acres) in the 40 acre tract will come from EXCO.
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Permalink Reply by john hamilton on
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mr huges how might I ask would you know my
personal mineral interest for this land
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Permalink Reply by Two Dogs, Pirate on -
John, most everything is of public record. Ellis may even be able to tell you your social security number.
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