They are a law firm out of Columbus Ohio that represent royalty owners and say they can recover underpayments from the O&G Companies (for a percentage).
Mike
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Permalink Reply by WV Mineral Owner on November 9, 2017 at 7:55pm Here is a link to his website> Personally I always question why an attorney suspects there have been underpayments, I would think you are more aware of any shortages than the attorney.
Good Luck
Permalink Reply by Mike h on November 10, 2017 at 1:00am Thanks for the response WV Mineral Owner. I don't think they suspect underpayments for any specific unit/royalty owner. They are making a business out of auditing and taking a percentage of any underpayments they recover. Given the arbitration clauses in many leases, this may not be a bad approach for a royalty owner.
Many of the companies play games with deductions and adjustments. We regularly see CHK making adjustments going back 2-3 YEARS on our monthly checks. Invariably those adjustments seem to be deductions not in the royalty owners favor.
Anyways, this firm had an informational meeting last night in Carrollton, OH - I wasn't able to make it.
Mike
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