Rex production stopped??

I am wondering if anyone else has not received any royalty checks from Rex in a while.  I am on one of the Flinner pads, and I haven't received a check since May.  

Rex informed me of the low gas prices some time around May, but I don't remember reading anything about a production shut-down or no royalties if a minimum production figure isn't met, etc..

Anyone have a clue on this?

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Replies to This Discussion

Permalink Reply by Brynn Maudlin on October 20, 2015 at 2:34pm

A correction:  My last royalty check was in July, not May.  So it's been 3 months now with no check, not 4 or 5.  I had neglected to enter the July payment into my records.  June was skipped, so the $50 minimum Philip mentioned is definitely a reason for the royalty drought.

Permalink Reply by Brynn Maudlin on December 9, 2015 at 8:48am

Update:  Rex did finally send a check in November for August - October.  The statement showed production numbers for all four months, so either they've cut production way back, or it's reflective of the low prices right now, or both.

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