All Blog Posts Tagged 'Minerals' (2)

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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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