REALLY GREAT POINT, Bobcat!
On Oct 28, 11:22 am, Bobcat <[EMAIL PROTECTED]> wrote:
> This is just speculation but, based on what you have described, your
> grandfathers interest as passed to his heirs (you. your sister and
> possibly others maybe without a will) may be subject to a forced
> pooling order requested by hess to cover mineral owners tey "could not
> locate" and granted by the NDIC.
>
> If that is the case you do not have a lease. I believe the
> "traditional" terms assigned by the NDIC in forced pooling under these
> circumstances are no bonus and 1/8 royalty.
>
> If this is what happened and you can show that hess did not make a
> good faith effort to find you and offer you a lease, you may be able
> to set aside the forced pooling and get better terms for example, at
> least a higher royalty.
>
> I am not trying to stir up the pot here and this may be a
> misinterpretation of your situation and I am not recommending that you
> do anything except do not cash the check until you are told by hess
> and the ndic exactly what happened and you are satisfied with the
> explanation and the outcome going forward.
>
> Bob
>
> On Oct 28, 7:56 am, [EMAIL PROTECTED] wrote:
>
>
>
> > The milk before the cow.
>
> > > I just talked to Hess. Extremely helpful gal talked to me and she told
> > > me
> > > that it was a check from a well in Mountrail that my grandfather had a
> > > small
> > > ownership in the mineral rights from RS Nelsen. We were suppose to get a
> > > letter showing that we would be receiving this check and why but
> > > they sent the
> > > letter today. The check came before the letter. She was extremely
> > > helpful.
>
> > > Mary
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> > - Show quoted text -- Hide quoted text -
>
> - Show quoted text -
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