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…

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Added by Ron Hance on October 9, 2019 at 7:40 — 3 Comments

Minerals and Royalty: Or, What Did I Just Sell to That Guy?

Now that NAPE has been over for a couple of weeks, and the hangover(s) and short week after Mardi Gras has come to an end, I figured I would address a topic that has come up on more than a few occasions in various discussions on GHS, and seems to have been revived again in the wake of the latest mass mailings from mineral and royalty brokers.



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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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of)  nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

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Posted by Char on May 29, 2025 at 14:42 — 4 Comments

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