noticed on my check from Enervest that they took out money for ADV = this is Ad Valorem Tax .
Does anyone know what this tax is for.
I can not believe it is for property tax on my well as it says in my lease that the company [ MB operating ] has to pay that tax.
Thanks for any reply
Did you have an O&G atty review your lease before signing? That is something that should have been caught.
Leased 1985 and held by production , MB did not deduct anything Enervest took over and just started taking it out
Hmmm, I would get that lease to a good O & G atty asap and have it reviewed. Im sure its no small change they are taking.