"No, I wasn't omitting the amount. It's actually written as "$null" on the division order. I guess I should call them on Tuesday and ask them about it."
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Halcon Closed In Wells
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Anyone know why Halcon has closed in three producing wells in the TMS. Black Stone 4H #2, Horseshoe Hill 11-22H and George Martens et al, all in Wilkinson County were closed in as of June 2017…Continue
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Encana Lease Offer - Amite County
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Oh, how things have changed!!I recently received a forced integration letter on the Powell 10H Unit in sections 3, 10 and 15, T1N-R5E Amite County. This letter offers a lease of 15% royalty interest…Continue
Started this discussion. Last reply by Skip Peel - Mineral Consultant Jun 30, 2016.
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"Thanks Skip. I understand the reason for the clause but it's usually an amount ($50 or $100). I've never seen the term "null" used in this instance. Not sure how to interpret that."
Division order question
I just received a division order for the Stewart 30h-1 well of which I have a non participating royalty interest. There is a clause on the division order that has me puzzled. It reads:"Payor may accrue proceeds until the total amount equals $null, or pay null, whichever occurs first, or as required by applicable state statutes."I've never encountered this in an order before and was wondering if I should be concerned and have it changed or not worry about it. Thanks for any info.See More
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Comment Wall (1 comment)
- At 3:09 on June 30, 2011,
Recordman said…
- Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 13,000 members.
Because our network has grown word-of-mouth, I want to encourage you to invite your friends and family by clicking here.
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There are a couple things you should check out. 1) Check out current discussions. 2) Join in on the County and Parish Groups. By joining a County or Parish, you are networking locally with people who share similar concerns.
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best,
Keith "Haynesville"
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