Farm acreage leased with Antero: 3 years later we learn we have 3 more acres

We signed a lease with Antero 3 years ago for our 101 acre farm.  They paid us.  No problems there.

However, we just surveyed our farm so it could be sold and were told yesterday from the surveyer that we have 104 acres.  Do we need to let Antero know?  Would they have to pay on the additional 3 acres?

Views: 4019

▶ Reply to This

Replies to This Discussion

Permalink Reply by Suzy on November 6, 2015 at 5:36am
I don't know your Coumty but there should be a website. Google until you find the official site. Start with the Recorder's Office. Tell them you want to find out about mineral rights. Keep it simple. When you get the right dept. then ask about ER.

We all made the same mistake ... thinking we didn't need an attorney to "bless a contract" ... duh.
Kyle is a good attorney in oil and gas but you have to hire him or someone like him for information. Not all attorneys know oil and gas. What oil company did the lease?
Permalink Reply by Suzy on November 6, 2015 at 5:58am
Hi Peg. You were writing as I was writing. You either need an attorney or a better attorney. This doesn't sound like something you all can solve without a Big Gun.
Permalink Reply by Nancy Mosley on November 6, 2015 at 5:54am

Yes executive rights are the leasing rights, and I think also include the rights to collect bonus money. In the west, Oklahoma and Texas etc, I think there are commonly several aspects of that, and sometimes they are separated. Not so much in West Virginia but it happens. I would not call it common but I am not an attorney.

What I find really odd is that somehow the executive rights for the whole 101 acres was conveyed but the minerals for only part of this. I'm sure there are ways to put it in the deed but I haven't seen it.

There may be no recourse, but an oil and gas attorney would be able to advise about this.

Permalink Reply by Suzy on November 6, 2015 at 6:08am
Hi Miss Nancy.
Permalink Reply by Peg Murdock on November 6, 2015 at 6:26am

My biggest question is WHY did they do that to us????

Permalink Reply by Suzy on November 6, 2015 at 6:33am

Hi Peg ... Big companies make mistakes and Big Companies do it on purpose.  It's 50/50 on intent.  They all expect the Little Guys ... Us ... to just fall in line and not protest anything from them ... especially when they throw in the word ...

Attorney or Lawyer ...

Permalink Reply by Nancy Mosley on November 6, 2015 at 6:36am

Hi Suzy!

Peg, I expect they hoped they could just do it and you wouldn't know until too late. Could be wrong. Just Business. Good luck, and hope you can find a good outcome.

RSS

© 2025   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service