Partial mineral reservations?

My neighbor owns a  100 acres  farm. The mineral title shows a partial reservation in the 1970's when it was sold of  two-thirds of the oil and gas rights. This has left him with 1/3 interest. The previous reservation has been inherited by multiple people that are not on same page as far as leasing. Will a gas company lease his 1/3 interest?  What happens if a party  or parties who have a partial interest refuse to sign lease. Can you sue for division in ohio?

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0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on December 28, 2012 at 4:47am

If a company wants to lease that specific 100 acres then yes, they'll sign his 1/3 interest and then track down the other owners.  If other parties refuse to sign then that's the company's problem.

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