Several steps for you to take. First, gather the deeds or estate distribution filed of record in the county or counties which should provide a description of what was assigned to you in your name. Go through your father’s estate records and files to see what you find that will have a legal description (such as a deed or oil and gas lease in his name). Division orders should identify wells or units and perhaps include a legal description of acreage covered. You can search your father’s name on the on-line deed records for deeds, assignments, leases, etc. which will give you a point of reference ..read more

My siblings and I own mineral rights on property located in Doddridge County, West Union. My sister received a letter from Mountain View Minerals of Morgantown, WV. The letter states “We would love to speak to you about your mineral interests. We need to look into your Lease information to finalize the offer, but here is the range we are looking at as an offer: (based on net mineral acres owned): $210,000 to $486,000, depending upon the current market and what the current lease information is, lease clauses, and addendums.” They also list reasons we might want to sell (marketing stuff, like im ..read more

Formentera is the company that bought Rockall-Petro Harvester. Our family was with Rockall-Petro when they went bankrupt around Covid. Formentera bought them through the bankruptcy. Our wells that Rockall were going to drill are now with Formentera and still on the ND confidential oil list. They just renewed our drilling permits too. I believe they are finally ramping up to be a bigger player in the bakken ..read more

The sudden flurry of activity in Burke is interesting. An acquaintance just got a lowball offer (after decades of silence) for some minerals in 162-94-##. There appear to be new good wells nearby in sections 19 (4/3/24) and 21 (12/23), so that is what is likely driving the sudden interest ..read more

We have about 160 acres in 163N-90W- Sec 6 That are not leased any more. Plus mineral rights in the Flaxton Madison Unit. Any recent changes? Who is active ..read more

Deeds do not have the money mentioned on them. The letter of offer should mention it. I would not hand over a deed without getting paid either. In the past, banks would hold a deed or lease until the money clears. Many had a Collections department. You might ask your bank if they still do that. Your attorney or accountant may be able to do it as well. The company buying or leasing usually does not do their title work for due diligence until they are sure they have a deal. It is expensive to do the title search back to patent and they do not want to waste resources. That is why the scan of the ..read more

Permian Producers Will Pay You to Haul Their Natural Gas Away (texasmonthly.com ..read more

From a member that does not contribute often for not having the long-term exposure or experience dealing with minerals no matter what part of the world they are located, I would venture a guess that 90% or better who inherited minerals DO NOT HAVE an attorney, let alone a gas attorney. A lease to find/explore for minerals in my unlearned view is different than an offer to purchase from any corporation. It is great to see that you have an attorney and accountant to “hold” the lease until a check clears. Commencing title work appears to be good for showing full entitlement. Let us fast forward t ..read more

Thanks for all the responses. I did call Diamond Resources about a week ago, still waiting to see if they have any interest. Has anyone dealt with Formentera ? I don’t know a lot about them ..read more

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