Replies to This Discussion

Permalink Reply by Trickyone on August 29, 2010 at 14:17

No kidding. Especially since in Louisiana, the minerals follow the surface if there's no development within 10 years of a sale. My guess is that the French and/or Spanish records go back a little further than that.

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Permalink Reply by VSC DeSoto South on August 25, 2010 at 4:44

Does this mean if there is a tract where they have never strightened out the ownership (for more than 1 generation) they will clear all that up and determine who the heirs are.
I ask because I know someone who while going through some old family vacation videos heard their Father say that when visiting and old farm in Desoto Parish, that the people that were living on the land now were his grandmother's blood cousins and that no one had taken any action to do anything with the deed over the years. This was a video from a vacation about 10 years ago when there was no perceived value in the land.
Would division order title research uncover and try to contact this person now 2 generations later for their interest?
The person was also told that this family on the land now was rather 'shady' and that was why no action was taken over the years. So the possible interest owner nor their Dad or Grandmother over the years saw no reas to pursue it.
This has also since heard that this tract has never had any successions done so the ownership is up in the air.

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Permalink Reply by The_Baron on August 25, 2010 at 5:01

Have you ever heard of adverse possesion....

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Permalink Reply by VSC DeSoto South on August 25, 2010 at 6:10

I have, but in this case the people there now are related to this person by the person's grandmother.
It is in the hands of the family of the grandmother's cousins. Wouldn't heirship through the generations not apply to adverse possessions? If this person were to complete a succession back to the common ancestor and all the way down, could they claim their mineral interest.
If there is one.
I am sure the person who mentioned it to me does not even know if the people on the land now still have the mineral rights?
They would have to go to the courthouse to find out by searching the records?

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Permalink Reply by Scott on September 10, 2010 at 12:44

Baron,

Have you ever heard that CHK's title opinions only cover CHK leases in the unit? And that CHK requires all working interest owners to just tell them who to pay and how much interest so that it will take CHK out of the liability. The funny thing about that is, I checked by Joint Interest Billing and I found that I was billed for title opinions on the same unit. I have a tough time believing that CHK only runs title on a portion of the unit and not the full unit. Any thoughts would be very much appreciated.

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Permalink Reply by Two Dogs, Pirate on September 10, 2010 at 13:18

That sounds like a dumb ass way of doing something if CHK is the operator of the well. If they are a working interest then you run title on what you have. If they are running on previous title opinions, then you need to do your own homework. Did you buy the Brooklin Bridge?

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Permalink Reply by Scott on September 10, 2010 at 17:05

CHK is my operator on 8 wells and I was billed for title opinons on all 8 of them. Very frustrating dealing with CHK so far to say the least.

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Permalink Reply by Henry on September 11, 2010 at 0:04

Scott,
If you have WI in 8 Chesapeake wells, would you mind providing gas price data in my discussion called "What Price Are You Getting for Your Gas?" You could help out many users on this site. You don't have to post them publicly, if you don't want to. You may "friend" me, and send me the data priviately, if you prefer.

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Permalink Reply by Scott on September 11, 2010 at 4:41

Sure, I don't have a problem with that. As of right now, I'm only receiving a revenue check on one of my wells. The remaining 7 wells either are in the process of being hooked up to pipeline or just finishing up the completion side. I'll post them just as soon as they come on-line. I'll get back to a little bit later today with what price I received in Jan, Fed, March, April and May of this year.

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Permalink Reply by Henry on September 11, 2010 at 6:03

Scott,
Thanks. please include your S-T-R, and whether or not you have cost-free royalties.

Permalink Reply by Scott on September 11, 2010 at 7:17

Henry,

My interest in the 8 wells is derived from a working interest rather than royalty interest so I don't receive royalties. From the multiple statements I have received so far from CHK, my revenue is without deductions. However, I feel like CHK gets around my deductions by selling my gas for a much lower pricer per mcf which I'm sure everyone else on this blog would concur is happening with their interest rather it being a royalty or working interest. I prefer to send the rest of my date privately.

Permalink Reply by Trickyone on August 25, 2010 at 7:39

UPDATE! I spoke to one of my neighbors (in the same unit) who's in a similar position to me. HIS neighbor (again, in the same unit) wrote a demand letter a little over a month ago to Petrohawk and has been paid. Funny thing. I still haven't heard anything, so I guess all this stuff about clearing up the whole unit may have some flexibility. Needless to say, my demand letter is going out in tomorrow's mail. Also, I went back over my correspondence with the title agent who did the work on our land in May. She referenced (not by name) the attorney working on the file then. It looks to me like one of my original suspicions about Petrohawk was correct--they're holding the money because they know they can. It's really a shame when situations work out like this. I'm not concerned about being "shorted" on the royalties or anything; that said, I think it's fair to be paid in accordance with the deal that was made and it's obvious the operater isn't living up to their end.
Thanks for your input through all this. I may post an update when I finally hear from Petrohawk.

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