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Were you paid with a bank draft? If so the draft usually says how many days it takes to pay after they receive the draft. Many companies delay the draft to run title on the property. I have seen cases when the bank didn't know what to do with the draft, most of the time it has been when I have sent leases to California. Most Louisiana banks and oil producing places around the country know what to do with bank drafts. Most of the time, if I send leases out by mail, I tell the people to send the lease back to me with the draft after they have made a copy of it.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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AboutAs 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 |
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