Replies to This Discussion

Permalink Reply by LewPa on January 26, 2016 at 3:36pm

Edward,

I don't know anything about the Sharlow unit, but if it is a Rex well, royalties are 2 months behind. Example, January payments are for gas produced in November.

Permalink Reply by edward edinger on January 27, 2016 at 3:10am

Its rex. Thanks for info

Permalink Reply by Frank on January 27, 2016 at 8:06am

Yes I received a royalty check, after deductions it averaged around $6.00 an acre....... not loadin up the truck for Beverly Hills yet

I think Rex and most O&G Co. won't cut a check until a certain threshold is reached. Two smaller plots I am leased didn't receive a check.