Law on bonuses?

I was told by the landman for camterra who is currently trying to lease in the area that he was "voluntarily" going back to the neigbors that had leased for less money and catching them up to the "going" rate. I hear that there may be a legal requirement for the landman to do this. Can anyone confirm this?

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Permalink Reply by po boy on August 9, 2008 at 11:12

Maybe he really is going back,because he is a nice guy. Or wants surface rights, or deeper boundaries. Maybe he just says he is. Checking around I personally have not found anyone who got a favored nation clause, or a noise abatement clause.

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