It seems, you are referring to those who lost their rights when the state seize their property? We pay our property taxes and are not in this category. So, I hope I can safely assume, when I verify no "production" near my home by any who might have held the mineral rights, Then I am now the legal owner.
Minerals can be held forever when dealing with a goverment entity. The landowners that sold land for Toledo Bend will own the minerals forever. In 1921 the state constitution was ammended giving the State of Louisiana the ownership of all rights to the beds and bottoms of all navigable bodies of water in the state. It also gave the state the power to reserve minerals forever on any land the state accquired through tax sales not redeemed in the 3 year perscripted period.
As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More