I have mineral rights in Niobrara/DJ Basin. I’ve recently received a letter from Silo Resources that they have purchased the lease from Helis Oil and Gas. This is who I received checks from monthly since 3/2019. My check this month came from Helis but was only for gas production. No oil royalties were included. I’ve reached out to Silo Resources/Boomtown Oil/Jupiter Capital, to see if I can get an update on what’s going on with production and have not heard back. Is anyone familiar with them or what is going on in the area? I assume that operators switching hands is normal during the life of the wells. Is their anything I should be aware or of check out with this transition?
Transitions can take a bit of time. Contact North Silo and ask why you have not received oil yet. https://www.northsiloresources.com/ Not sure if Silo and North Silo are related, but North Silo is in Niobrara/DJ. When you contact them, have your owner number ready from the check that you did receive.
Ok, I assume I will continue to receive checks from Helis Oil and Gas for the gas portion. I have these check stubs and can give any information that Helis has provided on check stubs. I’ve emailed them and awaiting response
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