lease agreements

today I received an offer from a co. in ok. for a term royalty deed , this is new to me and it looks bad for my interest. I would like some imput . It calls my interest a non-participating royalty interest.

Replies to This Discussion

landownerPermalink Reply by king john on March 28, 2010 at 23:53

hey robert. i'm not sure how a N/P royalty works either. i can do some checking and you may also put this on the main page as it is of general intrest. is this offer from the same company as your lease is with?
kj

landownerPermalink Reply by bobjohn on March 29, 2010 at 2:53

Thanks kj, This is not the same co.

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