All Blog Posts Tagged 'Minerals' (2)
Foreclosure, No bank subrogation, now an unleased mineral owner
Foreclose, Commercial property, no bank subrogation (they didn't sign off on the oil and gas lease). I purchased the minerals from the bank so I am now an unleased mineral owner. At the time of drilling and for a few years after the minerals were under lease executed by the borrower.
So am I, as an unleased mineral owner, responsible for the costs of the well? (aka, do I have to wait for the well to payoff before i start receiving a royalty). Assuming I shouldn't have to pay for…
ContinueAdded by Ron Hance on October 9, 2019 at 7:40 — 3 Comments
Oil & Gas Pro Minerals and Royalty: Or, What Did I Just Sell to That Guy?
I should probably mention here that my area of discussion, and the state in which I predominantly work is Louisiana. No knocks to the Texas and… Continue
Added by Dion Warr, CPL on February 28, 2009 at 11:30 — 3 Comments
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