lease agreements

today I received an offer from a co. in ok. for a term royalty deed , this is new to me and it looks bad for my interest. I would like some imput . It calls my interest a non-participating royalty interest.

Replies to This Discussion

Permalink Reply by king john on March 28, 2010 at 23:53

hey robert. i'm not sure how a N/P royalty works either. i can do some checking and you may also put this on the main page as it is of general intrest. is this offer from the same company as your lease is with?
kj

Permalink Reply by bobjohn on March 29, 2010 at 2:53

Thanks kj, This is not the same co.

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As 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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