Court Partition of Mineral Lease sought by gas company

My family has 130 acres of mineral rights in WV. In 2012 some, but not all, signed a lease with gas company X. Since signing the lease in 2012 we have had other dealings with gas company X, on another property, which have not been favorable: 35%+ deductions (even though our lease prohibits deductions), no payments of royalties for NGLs or oil.

The lease we signed in 2012 expires in 2 years and that is what we would like to happen. We do not want to do further business with gas company X.

Recently we received a letter from gas company X stating that they were going to take us to court to: "partition the oil and gas estate pursuant to WV Code 37-4-1, et seq."

The letter from company X states that the Court has the authority to partition the minerals or sell the minerals to the highest bidder.

Any thoughts on this?

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Permalink Reply by Marcus Huey on December 9, 2015 at 1:33pm

Thank you for you help!  I feel like David fighting Goliath :  / 

Permalink Reply by Marcus Huey on December 9, 2015 at 2:14pm

This article explains the partition situation VERY well. Unfortunately, the gas & oil companies own us :  /

http://www.wvgazettemail.com/article/20150621/GZ01/150629922/

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