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(Guest)

Mineral leases

We signed a mineral lease on 30 acres of our property in 2008 for 5 years, at the time there was not a producing well.  They have since drilled a well and it is in production.  The well is on the property next to ours, however 15 acres of our property is in the well.  When the well started pumping in June of last year, we were left out of the division orders.  We  notified the well owner and were assured they would get it straight, after trying to tell us we were in the well for 5 acres, we finally got it straight for 15 acres, but our interest for the first 5 months was paid to someone else.(a little over 3,200) All parties agree that we are owed for that oil, but no one is willing to pay it.  If we cannot get this resolved when they have to renew the oil lease can we request a larger sum to make up for the amount we did not get paid for.  Do you have any suggestions as to how we can get the well owner pay for our back revenue?

Oil & Gas Lease



Learning

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