Replies to This Discussion

Permalink Reply by Thomas Maglone on March 29, 2018 at 3:08

Very interesting read, Thanks

Permalink Reply by John Lann on March 29, 2018 at 4:45

Rock,  is there a name for that clause ?

John   EBR

Permalink Reply by John Matherne on March 29, 2018 at 4:50

Don't get screwed clause

Please forgive me

Permalink Reply by scout6486 on March 29, 2018 at 4:53

Cost Free Royalty Clause

However, the language contained in a clause is much more important that knowing what it is called.

Permalink Reply by Skip Peel - Mineral Consultant on March 29, 2018 at 4:56

You got that right scout.

Permalink Reply by Rock Man on March 29, 2018 at 5:09

Let's see how the next months look since I believe that they have set up artificial lift system

Permalink Reply by Bob Zimmerman on March 29, 2018 at 5:07

What ever you  call it and however you do it, don't let the words "at the wellhead" appear anywhere in a lease, including the addendum. 

Perhaps that should be the "addendumb". 

A contract with very much "addendumb" added to it probably needs rewritten.

Permalink Reply by John Lann on March 29, 2018 at 7:05

Would it be OK for me to  write my paragraph here and then let you guys evaluate pro or con.??

John   EBR

Permalink Reply by Skip Peel - Mineral Consultant on March 29, 2018 at 7:15

As far as I know, there are no O&G attorneys in this discussion thread.  I know more than most mineral owners and I wouldn't write my own royalty clause.  I would pay my O&G attorney to do it since they would have to litigate any future legal dispute.

Permalink Reply by John Lann on March 29, 2018 at 7:30

As I had mention a couple of day ago, we signed last Saturday..  Just curious how some of you would evaluate it.  Maybe anywhere between an A+ and D-   What ever you see or do not see will just let me know what to expect if there should ever be production.  The main thing is..... I have already signed.

John   EBR

Permalink Reply by Skip Peel - Mineral Consultant on March 29, 2018 at 7:34

I know you already signed, John.  And my main thing is that there are no experienced O&G attorneys participating in this discussion.  So any opinions you receive are basically unfounded speculation.

Permalink Reply by John Lann on March 29, 2018 at 7:41

Understood.  I will write it later, I have an appt. to get too now.

John EBR

• ‹ Previous
• 1
• …
• 23
• 24
• 25
• 26
• 27
• …
• 59
• Next ›
• Page