Jmaes Vaughan
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Thomas Hall replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"Finnbear- you are a great asset to this board. Great thread to read through."
Aug 11, 2011
Willi West replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"I realize this question is apparently moot because the deadline for action has passed but someone else might find this of interest.  As best I can see, in the original query from Mr Vaughan, he does not know if the O&G rights are in…"
Jul 4, 2011
Finnbear replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"The Pennsylvania Dormant Oil and Gas Act would not apply here. The original poster here is in Tuscarawas County Ohio. Ohio has a Dormant Minerals Act under ORC 5301.51, 5301.52, and 5301.56which do apply in this situation. The Act you cite…"
May 28, 2011
Finnbear replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"Something to consider for anyone who is worried about spending the money to have a competent attorney do a title examination and filing to vest mineral rights back with the surface owner. All the costs incurred in obtaining an oil & gas lease…"
May 28, 2011
Alan Coogan replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"Mr. V.   Finnbear's practical advice is sound, experienced-based. As he notes, timing, all the fact and the law are crucial.-There are revisions to the mineral lapse statute. Hard work may really pay out   A. Coogan"
May 27, 2011
Finnbear replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"Mr. Coogan, I think in this situation Mr Vaughan may be the holder of a reserved mineral interest that he (unknowingly) inherited from his deceased grandfather when his grandfather sold the land many years ago. Mr. Vaughan appears to not have a…"
May 26, 2011
J. Rossi replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"legislature enacted the Dormant Oil and Gas Act, The purpose of the Act is to permit the development of oil and gas reserves when all owners of oil or gas interests cannot be located or identified. The Act provides for the creation of a trust for…"
May 25, 2011
Alan Coogan replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"Mr. Vaughn-- This is nonsense.  You may have a reserved mineral interest in the chain of your land title, for example a deed saying .".reserving all coal and other minerals"..  That sort of language is common in the coalbearing…"
May 25, 2011
john w howard replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"I have a solution to your problem. Have him prepare two copies of the instrument to be signed, notarized and recorded.  Be sure they are identical. One is for you.  One is to be recorded.  Sign them at the same time in front of…"
May 25, 2011
Poison Ivy replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"It sounds fishy to me. I would wait. YOur attorney should be able to uncover anything this Buck has uncovered. Supposedly."
May 25, 2011
Finnbear replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"So how did this turn out? Did you find out what property the landman was trying to make a deal with you on? Finnbear"
May 24, 2011
A discussion started by Jmaes Vaughan was featured

Being pressured to sign away half of rights on mystery land.

We are a group of 7 cousins who were contacted by a landman regarding mineral rights we were not aware of. Buck claims that the surface owner is about to be granted these mineral rights because of the 'dormant' period. We have been told we have  until Friday to make a claim. But he, Buck, will not reveal info about the property until we sign up with him and his partners and give them 1/2 the rights. The only thing we have to go on is a description of '70 acres' which does not match anything in…See More
May 24, 2011
29 Comments
Finnbear replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"If the current landowner is filing an "Affidavit of Abandonment" to reclaim them then the holder has to file a claim of preservation to retain them. The abandonment claim triggers the preservation claim. You have to look at H in its…"
May 20, 2011
Finnbear replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"The picture gets a bit clearer and muddier at the same time. By "other holdings in the area", do you mean real property or mineral interests? If you are speaking of mineral interests held by you when someone else is the current landowner…"
May 20, 2011
Allen Voshall replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"Finnbear, Things have gotten a little confused here.  (My fault). You are right, I should have used the word preserve in place of reclaim. The 7 cousins own a certain reservation of mineral rights, but have abandoned them. The current landowner…"
May 19, 2011
Finnbear replied to Jmaes Vaughan's discussion 'Being pressured to sign away half of rights on mystery land.' in the group Ohio Landowners
"You got this wrong. If anything under B-3 HAS occurred, then the interest can't be vested back to you. Paragraph (B) ends with "and NONE of the following applies:". This is stating that any of the items under B-3 (a-f) can NOT…"
May 19, 2011

Profile Information

What is your role in the Marcellus?
Landowner
Why are you here?
Learning, Selling Royalties
Which state(s) are you following?
Ohio

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