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Bounced Royalty Payments

Started this discussion. Last reply by Nancy Mosley Dec 7, 2017. 1 Reply

~~Heads Up~~Mineral owners with leases held by Gas & Oil, Inc. had their royalty payment checks bounce, I believe this is a Steve Ward company.If you have a payment bounce, regardless of the…Continue

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WV Mineral Owner replied to kit's discussion 'Good Lawyer recommendations.'
"Sorry Kit, all of my interests are focused in WV and I am not familiar with the Ohio Attorneys that specialize in OGM.  However, attached is a link from the Ohio Bar Association with various County Bar Association links that you can use to…"
Nov 30
WV Mineral Owner replied to kit's discussion 'Good Lawyer recommendations.'
"Kit, The Ohio Valley encompasses Ohio, Pennsylvania and West Virginia.  Since most attorneys are licensed in a single state, might I ask what state the well is located?"
Nov 30
WV Mineral Owner replied to william george allison's discussion 'forming a unit question'
"Yes, there is a physical survey done with each unit. Not sure about the sellers responsibility, but when a deed is filed (Buyer) it is also provided to the Assessor's Office which makes the change.  That said, it can take up to two…"
Nov 29
WV Mineral Owner replied to william george allison's discussion 'forming a unit question'
"In WV, as part of the permitting process, a survey is done of the entire unit.  If you review the various permits, you will find a certified copy of the survey."
Nov 29
WV Mineral Owner replied to Educate Me's discussion 'NGL questions'
"Ugh...  My experience has been, EQT does not pay for anything, including what they are obligated to in a lease! Good Luck!!"
Nov 13
WV Mineral Owner replied to Educate Me's discussion 'NGL questions'
"Em, Where are your minerals and who are the companies producing the various wells?  There are some companies that do not break out the NGL, but are still paying on them."
Nov 13
WV Mineral Owner replied to Inchworm antenna's discussion 'Royalty Manipulation Clause (new idea??)'
"Why limit the damage to 25%? Allow a jury to set punitive damages, which can be greater than 25%."
Nov 2
WV Mineral Owner replied to Jeff Kerr's discussion 'EQT taking over Rice'
"Well Stated!!!"
Oct 24
WV Mineral Owner replied to Jeff Kerr's discussion 'EQT taking over Rice'
"Richardson v. EQT...  They too had a Gross Lease and were screwed, thus they won their suit in Federal Court.  The general lesson was, EQT does not care what a lease calls for, it does as it pleases."
Oct 23
WV Mineral Owner replied to Jeff Kerr's discussion 'EQT taking over Rice'
"Ryan, I suggest you research some of the many Successful lawsuits against EQT for failing to make proper payment and deducting expenses that are not only unfair, but in some cases, specifically prohibited by law."
Oct 22
WV Mineral Owner replied to Jeff Kerr's discussion 'EQT AND ROYALTIES'
"Maybe not enough politicians, but they successfully bought the WV Supreme Court"
Oct 3
WV Mineral Owner replied to Jeff Kerr's discussion 'EQT AND ROYALTIES'
"There are reliable rumors that a class action lawsuit is in the works against EQT, pertaining to illegal deductions taken from mineral owners.  It will prove interesting to see if a victory will change the 'Holier Than Thou' attitude…"
Oct 3
WV Mineral Owner replied to Jeff Kerr's discussion 'EQT AND ROYALTIES'
"Yes, EQT sells to EQT Transportation at a below market price. Many question why I recommend people use an Attorney before signing a lease of modification, but a Third Party Arms Length Transaction clause prevents this from happening."
Sep 20
WV Mineral Owner commented on Keith Mauck (Site Publisher)'s group 'Tyler County, WV'
"Shelly, It depends on the length of your lease.  Traditionally, leases in WV are for 5 years, but there are some 3 year leases.  Additionally, many leases include an automatic renewal for one or two terms."
Sep 4
WV Mineral Owner replied to William Peterson's discussion 'Royalties'
"William, There are countless factors that would need to be taken into consideration.  Firstly, if unitized, what percentage of the unit would you have a right to. Without greater insight into the specifics, it is difficult to answer, but if I…"
Aug 9
WV Mineral Owner replied to Wv loving's discussion 'Ohio county WV'
"I would suggest you worry more about the terms of the contract than the bonus.  I prefer a lesser bonus payment with NO Deductions and other favorable clauses."
Jun 29

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What is your role?
Landowner
Which state(s) are you following?
West Virginia
What shale plays do you follow?
Marcellus, Utica

Comment Wall (2 comments)

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At 12:57pm on March 7, 2016, James Milleson said…

who would you suggest to sell your mineral interest to?

At 6:16pm on March 3, 2016, Betsy Ann Cox said…
No we do not want to sell. Just trying to convince my husbands brother and sister that this not wise. We are already getting royalies, so why sell. The others see that dollar figure and get excited. I think there are more wells going to be drilled there. Like you say why are they so interested.

Betsy Cox
 
 
 

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Those French Fuel Riots and the “Great Wall of Cuomo”

Posted by Thomas J Shepstone on December 3, 2018 at 10:33am 0 Comments

The French fuel riots demonstrate what can happen when ordinary people are denied the basic necessities of life by “let them eat cake” elitists with agendas.

The French Revolution is hardly a thing to be admired,…

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