Hello, Wanted to join the conversation about 31 Operating, LLC out of Rockwall, Texas, not paying Interest Owners on
wells in Webster Parish.their due money. There should be an Investigation by Louisiana Attorney's generals office about this company. We are an Interest Owner, and are wondering if anyone has already filed a Law suit against this company for non-payments on Interest. We have sent them a Demand Letter in January of 2020.
Tags:
Gary,
I believe we spoke earlier. My client is a working interest owner, not a lessor or royalty owner. We have filed suit in Webster Parish. We are alleging, among other things, that 31 Operating has not paid and is not paying the JOA's expenses. This includes the royalty payments which they are required to pay under the JOA. While my client has a small interest, Sibley is a valuable property. Properly operated it would be profitable and would maintain a significant block of land that would facilitate future development of zones below the Hosston formation. Hopefully our judicial action will result in achieving that goal. We are pursuing numerous options to resolve this including discussions with the Conservation Commission. It is my belief that 31 Operating is in violation of the unitization statutes which require that all owners in a unit recieve their gair share of production proceeds without needless expense. If we are successful, Sibley will be returned to proper operation. So you understand fully my perspective, I am an attorney licensed in Texas. I have practice energy and cor[porate law for almost fifty years. I have a BS degree in geology from the University of Oklahoma. Also, this is a somewhat personal issue as my father developed the prospecct that became and is Sibley Field. I enjoyed talking with you. I am moving forward as rapidly as possible. Statements from others that they are not being paid would be immensely helpful. anyone interested should not hesitate to contact me. my emaail is MC3LLC@AOL.COM. My cell is 859 806 1879. Best wishers, Mac McIntyre
Good luck to all the Interested Parties and a nod to Keith and GHS for helping to facilitate. Robert, let me know if you need any assistance locally.
As of March 3, 2020, 31 Operating LLC out of Rockwall, TX, did not reply to us in writing within the 30 days of our Demand Letter. This is a sad state of affairs going on within this company, and inside the state of Louisiana to citizens.
I would suggest that a group of mineral owners under 31 Operating band together to explore their legal options. I can refer you to my O&G attorney who is experienced and only represents land/mineral owners, not O&G companies.
Skip, That would be good to do. I would appreciate the info on your O&G attorney. Are they in the process of dealing with this Company?
I have not asked if they have any clients with 31 Operating issues. You can ask. There is no charge for an initial consultation and the more information you can supply, the better. My O&G attorney is Randy Davidson, principal partner at Davidson, Summers APLC in Shreveport. You can reach Randy at rsdav@davidsonsummers.com or at 318-424-4342.
Thank you for the information.
Thank you for the information.
You're welcome. You're welcome. :-)
We finally received an interest payment 3-5-2020 for months into 2019. Haven't seen for what months yet but was definitely for a number of months being outstanding from 31 Operating. Hopefully this going forward will see regular payments in 2020.
Gary, any updates on C31 Operating?
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
34 members
386 members
27 members
455 members
440 members
400 members
244 members
149 members
358 members
63 members
© 2024 Created by Keith Mauck (Site Publisher). Powered by
h2 | h2 | h2 |
---|---|---|
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 |
Links |
Copyright © 2017 GoHaynesvilleShale.com