two wells producing within my area of Caddo Parrish. I was told that I had 'too small' property to be 'cost worthly' for them [only 1-3'4 acre]. They still get the gas but do not have to pay.
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Permalink Reply by Bob Zimmerman on February 5, 2016 at 6:56 Legally, the operator must pay you, but you have the same problem he has. Such a small acreage is not cost effective to pursue with an attorney who knows what to do. And that will be your second problem, finding an attorney who does know what to do. Look on the bright side. You probably ain't losin' very much money. Still, it burns a person up. Best of luck.
Permalink Reply by Skip Peel - Mineral Consultant on February 5, 2016 at 11:10 William, under Louisiana law you have the protections as an Unleased Mineral Interest (UMI). Read this and then ask questions.
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In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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