What if they find oil and I have not signed a Lease?
What if they don't want mine, but I am into forced pooling?
Do I get royalties or do I have to fight for them?

>>> go-devil <[EMAIL PROTECTED]> 10/7/2008 9:54 PM >>>

It depends, if they want yours they will call back.
You get royalties upon signing a lease and after oil is found.


On Oct 7, 7:47 am, wernie <[EMAIL PROTECTED]> wrote:
> I had been in communication with an Oil Company regarding Mineral
> Rights in North Dakota, Renville County.
> Things moved along, I was given the NET mineral acres. Then abruptly
> they said they could not meet my terms. I said I would negotiate. But
> have heard nothing. Should I expect that this means they are no longer
> interested? The Oil Company is still going to seek a percentage of
> Leases. If Oil is found, do I still get royalty payments?
> Wernie


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