Bill Beto
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Enduro Bankruptcy Lessor Royalty Payment Obligations
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I own minerals subject to a lease owned solely by Bhp. Bhp is the unit operator but due to other unit Lessee's taking their unit share of gas in kind, I receive multiple royalty checks. Enduro use to…Continue

Started this discussion. Last reply by casingpoint Mar 5.

 

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casingpoint replied to Bill Beto's discussion Enduro Bankruptcy Lessor Royalty Payment Obligations
"The operator BHP is party to the contract of lease with Beto. Not so the others. BHP is producing the well, they have to pay on demand or the lease can be terminated and attorney fees paid, albeit somewhat cheaper than the attorneys would like,…"
Mar 5
Bill Beto posted a discussion

Enduro Bankruptcy Lessor Royalty Payment Obligations

I own minerals subject to a lease owned solely by Bhp. Bhp is the unit operator but due to other unit Lessee's taking their unit share of gas in kind, I receive multiple royalty checks. Enduro use to pay us for their share of gas they took in kind but since their bankruptcy filing we have failed to receive a royalty check for their share of the unit gas they take in kind. Bhp continues to pay us a partial royalty payment for the unit share of gas they take in kind being approximately 75%. Has…See More
Mar 4
Bill Beto is now a member of GoHaynesvilleShale.com
Sep 26, 2018

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How would you describe yourself?
Landowner
First Name
bill
Zip Code
77345
Plays that you follow
Austin Chalk, Haynesville

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