Royalties or no Royalties?

I'm currently in a unit in OH.  There are 9 landowners in the unit.  However, per papers filed with Ohio Department of Natural Resources, only 5 landowners are listed for receiving royalties (myself as one.)  Does this mean that the other landowner's leases did not contain royalty rights or that they possibly gave up royalty rights for larger, up-front signing bonuses?  Curious as to why only 5 out of 9 would get royalties - amount of acres per landowner in unit does not appear to be a factor....Thanks.

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0i7okn54zwbdoPermalink Reply by 0i7okn54zwbdo on September 3, 2012 at 1:18pm

If a landowner is in the unit then they are to be aid a royalty.  Perhaps the 9 landowners are only the surface owners and the five listed are the true mineral owners.  Just a possibility.

Permalink Reply by JOHN on September 5, 2012 at 5:55am

Are you certain that there are not 5 owners of 9 PARCELS?

I say this only because my acreage is in 2 seperate parcels but I own both parcels. Maybe they only list the 5 owners of the 9 parcels of land involved in the unit??

Just guessin' here but a possibility??

Permalink Reply by CAM on September 6, 2012 at 2:13pm

John:  There are 9 landowners.  They are each stated on the datasheet provided as part of the unit notification/formation.  Each one is listed out, with the % of their acres taken into the unit.  I thought perhaps the Ohio Dept. of Natural Resources wasn't up-to-speed on the paperwork but since the documents on their site are several months old, don't think that's the case.  I'll guess I'll keep hoping someone might have an clear answer...thanks!

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