"And again without seeing a document no way to comment on it - BUT
There is a 4 pronged standard in the courts that seems to apply on minerals-surface...I’m paraphrasing here but it is:
- is the lands present use effected by development of…"
djefferis's Discussions
Mineral owner and rights to land access question
Started this discussion. Last reply by djefferis Jun 11, 2020. 4 Replies 0 Likes
Ok, have a question for the experts here.State is OhioI am the land owner and minerals were sold completely by the prior owner. My question is - does the mineral owner have a legal right to enter…Continue
How long for title search
Started this discussion. Last reply by djefferis Feb 6, 2020. 9 Replies 0 Likes
Curious - how long does/should a title search take for mineral sale ?Was able to negotiate a 45 business day close - but noticed it says 45 days OR time required for title search. I was under…Continue
Encino buying Gulfport and other cast off assets in Eastern Ohio ?
Started this discussion. Last reply by Finnbear Nov 20, 2019. 20 Replies 0 Likes
So we all know Encino has appetite for the risk, buying up CHK assets. Doing a bit of sleuthing and speculating though - is it possible they are not done there and might be buying up some…Continue
Leasing outlook in Eastern Ohio (Guernsey/Noble/Belmont/Monroe)
Started this discussion. Last reply by bo boboski Nov 6, 2019. 3 Replies 0 Likes
Curious - whats the opinion on those in the industry on leasing in SE Ohio - specifically the 4 counties mentioned above. Obviously theres ALOT of land yet to be developed - and at current…Continue
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djefferis replied to djefferis's discussion 'Mineral owner and rights to land access question'"Bill,
Ok - I see a few issues with what you are saying - and would question/take issue potentially as a disinterested 3rd party.
I am not an attorney, but I know how to read case law and how a judge likely would rule on its application.
You…"
Bill Simpson replied to djefferis's discussion 'Mineral owner and rights to land access question'"I sold my property years ago but retained all mineral rights, basically anything under the grass. Set it up in a LLC. My recorded paperwork
and all the Legalese documents say that I can do what I want. Drive on the land, drill etc. I am surprised…"
Joe Bezel replied to djefferis's discussion 'Mineral owner and rights to land access question'"This is what attorneys are for. Find a good one and ask. This is a complicated issue; don't try to navigate this on your own."
djefferis posted a discussionMineral owner and rights to land access question
Ok, have a question for the experts here.State is OhioI am the land owner and minerals were sold completely by the prior owner. My question is - does the mineral owner have a legal right to enter property, establish drilling rigs, pipeline or storage WITHOUT my consent ?The prior owner of both land and minerals DID convey to a partial mineral owner these rights, in the mineral sales agreement. However - 2 things I can see is a problem with this:Only 60% of minerals were conveyed to this owner -…See More
djefferis replied to shakeshale's discussion 'Ascent Eclipse Releasing Leases in Core of Guernsey County'"To me - it’s a matter of $$
If a lease term is up...they either need to begin production before end of term, re-up at the same bonus to re-extend the term another round or re/sign at better terms - walk away.
Many of these leases being…"
djefferis replied to djefferis's discussion 'How long for title search'"So got an update yesterday.
Title is back and "in final review"
Taking it to mean final review as in the purchaser final review....all that matters to me is the title review itself is completed.
Thanks all for the help as always."
BW_Appalachia replied to djefferis's discussion 'How long for title search'"How is that pertinent to the question? He said Ohio."
djefferis replied to djefferis's discussion 'How long for title search'"So I pulled out the paperwork.
Title work is required by an independent provider.
This was my biggest concern as thinking after signing just made me wonder, what if they try to delay by claiming they cannot clear title, while holding up my…"
BW_Appalachia replied to djefferis's discussion 'How long for title search'"Agreed. The DMA in Ohio and the fact that the courthouses are empty, 60 should be plenty but it sounds like the language is unbound."
Billy Jack Rockefeller replied to djefferis's discussion 'How long for title search'"60 days should be plenty of time. "
djefferis replied to djefferis's discussion 'How long for title search'"Thanks,
State is Ohio.
I realize there is more to the search than a home purchase for example. Paperwork says "title review" from memory - so I would agree certified title. "
Joe C. replied to djefferis's discussion 'How long for title search'"Exactly, and in what state the "type of title" is being ran in. West Virginia is a lot harder than Pennsylvania."
BW_Appalachia replied to djefferis's discussion 'How long for title search'"As always, it depends on the specific language in your agreement. "Title Search" vs. "certified title," or if it's open-ended would all lead to different timelines. Certified title takes some time as the reviewer…"
djefferis posted a discussionHow long for title search
Curious - how long does/should a title search take for mineral sale ?Was able to negotiate a 45 business day close - but noticed it says 45 days OR time required for title search. I was under impression that a title search should be able to be completed within 2 weeks typically. Am I just completely off on my time ? Property has not changed hands outside of family within the past 80 years and there have been previously leases signed and properly released on the minerals. Would seem to be a…See More
djefferis joined Arlette Baran's groupBelmont County, OH
All things pertaining to leasing, drilling and production in Belmont County.Lease Offers (add / view)Belmont County Land Groups…See More
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- What is your role?
- Landowner
- Which state(s) are you following?
- Ohio
- What shale plays do you follow?
- Utica
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