Share 'Driller took a mortgage out on mineral rights... question is...'
If ascent uses mineral rights to secure and loan or mortgage does that mean they will renew the lease??? if the lease expires and drillers do not renew then i would think the lenders have no collateral on their loan.. Would their be something in the mortgage that the driller must retain mineral rights or must produce????
I'm just wondering because lease expires next year .
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