seeking help with lease terms in Mannington, Marion County - GoMarcellusShale.com2024-03-28T13:19:22Zhttps://gomarcellusshale.com/forum/topics/seeking-help-with-lease-terms-in-mannington-marion-county?groupUrl=marioncountywv&feed=yes&xn_auth=noIndeed. I've dealt with that…tag:gomarcellusshale.com,2013-05-07:2274639:Comment:4449262013-05-07T15:12:37.630ZKyle Nuttallhttps://gomarcellusshale.com/profile/KyleNuttall
<p>Indeed. I've dealt with that before. If I remember correctly, I requested a letter from the certifying county stating that the certification they provided was the highest form of certification that they could offer. You may have to make a bunch of phone calls to each county to get things to work out, but you should be able to make it work out.</p>
<p>Indeed. I've dealt with that before. If I remember correctly, I requested a letter from the certifying county stating that the certification they provided was the highest form of certification that they could offer. You may have to make a bunch of phone calls to each county to get things to work out, but you should be able to make it work out.</p> Our issue has been getting a…tag:gomarcellusshale.com,2013-05-07:2274639:Comment:4448402013-05-07T14:41:12.064ZLisa McKenziehttps://gomarcellusshale.com/profile/LisaMcKenzie
<p>Our issue has been getting a "triple certified" or "exemplified" will or something else the county clerk will accept. The last thing we provided was rejected - it was certified, but not triple certified. The state where this relative lived does not have "triple certified" and the will did not need to go through probate. Big Headache.</p>
<p>Our issue has been getting a "triple certified" or "exemplified" will or something else the county clerk will accept. The last thing we provided was rejected - it was certified, but not triple certified. The state where this relative lived does not have "triple certified" and the will did not need to go through probate. Big Headache.</p> Only game in town, huh? Well…tag:gomarcellusshale.com,2013-05-07:2274639:Comment:4446812013-05-07T14:31:01.282ZKyle Nuttallhttps://gomarcellusshale.com/profile/KyleNuttall
<p>Only game in town, huh? Well, that would be a good excuse. Except there's also the option of waiting for somebody to come along and make an offer later. There will be more offers later. You might have to wait a long time, but there will be other offers. You have to weight how important the money is to you today compared to what you think you could get in the future.</p>
<p>You shouldn't have to open probate unless that non-resident did something with the property that is different from…</p>
<p>Only game in town, huh? Well, that would be a good excuse. Except there's also the option of waiting for somebody to come along and make an offer later. There will be more offers later. You might have to wait a long time, but there will be other offers. You have to weight how important the money is to you today compared to what you think you could get in the future.</p>
<p>You shouldn't have to open probate unless that non-resident did something with the property that is different from how WV intestate law would handle it. At least, the company I worked with had that policy for their oil and gas purposes. But your attorney will have more knowledge of the facts of your case than I do, so listen to them if they disagree.</p> Thanks, Kyle. I am not aware…tag:gomarcellusshale.com,2013-05-06:2274639:Comment:4446252013-05-06T23:28:31.464ZLisa McKenziehttps://gomarcellusshale.com/profile/LisaMcKenzie
<p>Thanks, Kyle. I am not aware of any reason, other than stating that they are the only game in town, for XTO's price. We have been told that they will change the shape of their unit and exclude us. We have been told that they can go ahead and drill and just hold our share in an escrow for us. We have been told that they have the other half of our interest agreed but not yet signed. Blah, blah, blah. Months go by and then they call us both again. Now the landman says he wants to get us…</p>
<p>Thanks, Kyle. I am not aware of any reason, other than stating that they are the only game in town, for XTO's price. We have been told that they will change the shape of their unit and exclude us. We have been told that they can go ahead and drill and just hold our share in an escrow for us. We have been told that they have the other half of our interest agreed but not yet signed. Blah, blah, blah. Months go by and then they call us both again. Now the landman says he wants to get us approved as a second half transaction. We are still working on documenting the title chain, hopefully without opening WV probate for a non-resident who has been dead more than 5 years, but fewer than 10 so our attorney won't do an affidavit of heirship for that.</p> Hi Lisa,
It looks like you're…tag:gomarcellusshale.com,2013-05-06:2274639:Comment:4443822013-05-06T22:43:47.704ZKyle Nuttallhttps://gomarcellusshale.com/profile/KyleNuttall
<p>Hi Lisa,</p>
<p>It looks like you're doing well on your own. But if you do want to hire a WV attorney with an O/G background (four years as a landman), I can help. I'll email you, too.</p>
<p>For the benefit of everyone else on the forum, I'll comment that $1,500/ac for the bonus and 15% on the royalty seems really reasonable, maybe even low. Unless XTO has a really good reason, I don't think I'd sign for that.</p>
<p>Kyle</p>
<p>Hi Lisa,</p>
<p>It looks like you're doing well on your own. But if you do want to hire a WV attorney with an O/G background (four years as a landman), I can help. I'll email you, too.</p>
<p>For the benefit of everyone else on the forum, I'll comment that $1,500/ac for the bonus and 15% on the royalty seems really reasonable, maybe even low. Unless XTO has a really good reason, I don't think I'd sign for that.</p>
<p>Kyle</p>