My name is Becky Clutter. I am a board member with National Association of Royalty Owners (NARO) Appalachia Chapter. The terms of your lease would determine if Eclipse had to notify you of the lease flip to Antero. If you leased with SEOLA, likely that was a condition in your lease. If you have trouble getting answers from Antero, let me know and I can help facilitate that communication for you. Regarding the notification, usually the operators make notification when the wells have been completed and brought on line. They will send out a division order which you will be asked to sign. NARO encourages the use of the NADOA form in place of an operator document. You want to be careful not to have anything in that form change or alter any of the terms of your lease. You also want to make sure that your decimal interest was calculated correctly. Your decimal interest is the number they will use to pay you. If that number is wrong, so too will your royalty checks be wrong.
Becky
Hi Brett,
My name is Becky Clutter. I am a board member with National Association of Royalty Owners (NARO) Appalachia Chapter. The terms of your lease would determine if Eclipse had to notify you of the lease flip to Antero. If you leased with SEOLA, likely that was a condition in your lease. If you have trouble getting answers from Antero, let me know and I can help facilitate that communication for you. Regarding the notification, usually the operators make notification when the wells have been completed and brought on line. They will send out a division order which you will be asked to sign. NARO encourages the use of the NADOA form in place of an operator document. You want to be careful not to have anything in that form change or alter any of the terms of your lease. You also want to make sure that your decimal interest was calculated correctly. Your decimal interest is the number they will use to pay you. If that number is wrong, so too will your royalty checks be wrong.
Nov 1, 2017