If you, or the one you inherited the property from, are listed on the pooling and you did not respond you automatically receive the default option. Do you know the pooling number, case number, or order number?
JW Anderson said:
Along these lines, suppose you are an heir, but you do not find out about the pooling until many months AFTER the deadline. Are you still able to elect an option under the pooling order, or do you have to go with the default pooling option they select?
In the two cases that we found out about being heirs we ended up getting the default option plus going thru the whole routine of proving we were heirs since they had put the money in the missing fund of the State of Okla.
Ron, the case on sec 32 is 201200575 and the guy from Continental removed my dads name from that pooling in return he was to seriously negotiate a lease and on sect. 33 too.
Adrian
Ron McKenzie said:
If you, or the one you inherited the property from, are listed on the pooling and you did not respond you automatically receive the default option. Do you know the pooling number, case number, or order number?
JW Anderson said:Along these lines, suppose you are an heir, but you do not find out about the pooling until many months AFTER the deadline. Are you still able to elect an option under the pooling order, or do you have to go with the default pooling option they select?
Adrian, I was asking J.W. Anderson for a pooling #, I have yours. I would think twice about leasing 33 now. Did you get my email?
Danny whats a good contact for NorthWest
Danny Frank Moore said:
Adrian:
I just leased my 5 acres in Grady for $800 an acre with Northwest Gas & Oil. You might want to give them a call. The person I did business with there is Cindy Hoffmann.
Dan Moore
Brian:
405-242-4802
Dan
Yes I got your email and responded to it. I asked when is good time to call but see you are here so guess you might be able to receive a call?
Adrian
Hello Frank,
I did indeed give Northwest an email yesterday they responded and said they are interested and asked me how many acres I had.
I have not heard back as of today.
Thanks Frank,
Adrian
Brian Stamps said:
Danny whats a good contact for NorthWest
Danny Frank Moore said:Adrian:
I just leased my 5 acres in Grady for $800 an acre with Northwest Gas & Oil. You might want to give them a call. The person I did business with there is Cindy Hoffmann.
Dan Moore
Just looked at the date on your post and figure you already have made a decision as to who to lease to by now so my advise was worth just what you had to pay for it! lol So I'm giving a money back guarantee.
Linda,
I don't know why they put this post up here again as you can see it is very old from last year when I was just beginning to deal with mineral rights and a well in section 32-7N-6W.
They had me make out a death and heirship form twice and on second one they did get us on pay status but we went through hell to get it from all of their on and off fun and games and lies.
I finally came to find that if you don't have marketable title they can or can not pay you depending on how they feel that day.
So, I am now getting probate done on dad and mom and one sister up there in Grady Court so they can't play all these games again when our 2nd well, the Lucky Penny on sec 33-7N-6W starts production.
Probated title will make it marketable title and they can't jack us around again.
But thanks for your reply,
Adrian
Linda Keck said:
I may not be understanding your question about getting the deed in your name but if you have a deed or whatever shows your heirship you should send it to the county clerks office at the courthouse for Grady Co. (I believe that would be in Chickasha, Ok.) and ask them to record it and send along with it their fee for doing so. (I would call them first and find out addresses, etc.) It will cost you only a little money for each page recorded. I'm thinking it was only like 45 cents but it may be up to a dollar or two (I can't remember) per page. After they record it they will send it back to you stamped as to what book and page in which it is recorded. I would then send a notorized letter stating your heirship and the fact that it has all been recorded in the county records and a copy of the papers you had recorded to the oil company you are leasing to or whoever drills a well in your section. I'm sure they can't just take anyone's word for it that they are an heir but would need physical proof of such. If I misunderstood what you were asking scratch everything I said and have a great Father's Day! Best Wishes!
Glad to hear you are now on pay status and that you are also getting another well. Really like the name "Lucky Penny" and hope it will be a great find for you! Is that Continental?
Adrian Madison said:
Linda,
I don't know why they put this post up here again as you can see it is very old from last year when I was just beginning to deal with mineral rights and a well in section 32-7N-6W.
They had me make out a death and heirship form twice and on second one they did get us on pay status but we went through hell to get it from all of their on and off fun and games and lies.
I finally came to find that if you don't have marketable title they can or can not pay you depending on how they feel that day.
So, I am now getting probate done on dad and mom and one sister up there in Grady Court so they can't play all these games again when our 2nd well, the Lucky Penny on sec 33-7N-6W starts production.
Probated title will make it marketable title and they can't jack us around again.
But thanks for your reply,
Adrian
Linda Keck said:I may not be understanding your question about getting the deed in your name but if you have a deed or whatever shows your heirship you should send it to the county clerks office at the courthouse for Grady Co. (I believe that would be in Chickasha, Ok.) and ask them to record it and send along with it their fee for doing so. (I would call them first and find out addresses, etc.) It will cost you only a little money for each page recorded. I'm thinking it was only like 45 cents but it may be up to a dollar or two (I can't remember) per page. After they record it they will send it back to you stamped as to what book and page in which it is recorded. I would then send a notorized letter stating your heirship and the fact that it has all been recorded in the county records and a copy of the papers you had recorded to the oil company you are leasing to or whoever drills a well in your section. I'm sure they can't just take anyone's word for it that they are an heir but would need physical proof of such. If I misunderstood what you were asking scratch everything I said and have a great Father's Day! Best Wishes!
Linda,
Yes it was Continental, sorry to say.
Adrian
Linda Keck said:
Glad to hear you are now on pay status and that you are also getting another well. Really like the name "Lucky Penny" and hope it will be a great find for you! Is that Continental?
Adrian Madison said:Linda,
I don't know why they put this post up here again as you can see it is very old from last year when I was just beginning to deal with mineral rights and a well in section 32-7N-6W.
They had me make out a death and heirship form twice and on second one they did get us on pay status but we went through hell to get it from all of their on and off fun and games and lies.
I finally came to find that if you don't have marketable title they can or can not pay you depending on how they feel that day.
So, I am now getting probate done on dad and mom and one sister up there in Grady Court so they can't play all these games again when our 2nd well, the Lucky Penny on sec 33-7N-6W starts production.
Probated title will make it marketable title and they can't jack us around again.
But thanks for your reply,
Adrian
Linda Keck said:I may not be understanding your question about getting the deed in your name but if you have a deed or whatever shows your heirship you should send it to the county clerks office at the courthouse for Grady Co. (I believe that would be in Chickasha, Ok.) and ask them to record it and send along with it their fee for doing so. (I would call them first and find out addresses, etc.) It will cost you only a little money for each page recorded. I'm thinking it was only like 45 cents but it may be up to a dollar or two (I can't remember) per page. After they record it they will send it back to you stamped as to what book and page in which it is recorded. I would then send a notorized letter stating your heirship and the fact that it has all been recorded in the county records and a copy of the papers you had recorded to the oil company you are leasing to or whoever drills a well in your section. I'm sure they can't just take anyone's word for it that they are an heir but would need physical proof of such. If I misunderstood what you were asking scratch everything I said and have a great Father's Day! Best Wishes!
No i have interest in sec 36 and i have the same problem have not heard from continental.my name is Linda Gilmore.And i also don't live in Oklahoma.But i have family in different parts of Oklahoma.
We have a percentage in section 29. if you have info, would you mind forwarding that on to me as well? Out of 600 acres, the company we leased to optioned 10 of them. This is such a confusing process to me.
Ron McKenzie said:
Adrian, you don't have to lease, you can make an election under the pooling. There is a horizontal well in 29 that tested at 115 bod and 2400 mcf. I'll see if I can find what they were ordered to pay on that.
Can I ask you something Adrian? Did you have trouble getting pay outs on land that was leased to you, based on the lack of heirship proof? You've got me curious now...
We are in the process of having deeds updated to show current heirs. It's been easier than I thought it would be (knock on wood) due to the competence of Debbie at the County Office. She researched out deeds and sent me out the AFFIDAVIT OF HEIRSHIP forms. We have to file those, along with a certified copy of the death certificate of the previous owner. She didn't tell me to attach a copy of the probated will, but we are planning to do that as well. The AOH forms need to be notarized. Total turn around time is about 2 weeks, once you send the forms and back-up in to the County.
Adrian Madison said:
Linda,
Yes it was Continental, sorry to say.
Adrian
Linda Keck said:Glad to hear you are now on pay status and that you are also getting another well. Really like the name "Lucky Penny" and hope it will be a great find for you! Is that Continental?
Adrian Madison said:Linda,
I don't know why they put this post up here again as you can see it is very old from last year when I was just beginning to deal with mineral rights and a well in section 32-7N-6W.
They had me make out a death and heirship form twice and on second one they did get us on pay status but we went through hell to get it from all of their on and off fun and games and lies.
I finally came to find that if you don't have marketable title they can or can not pay you depending on how they feel that day.
So, I am now getting probate done on dad and mom and one sister up there in Grady Court so they can't play all these games again when our 2nd well, the Lucky Penny on sec 33-7N-6W starts production.
Probated title will make it marketable title and they can't jack us around again.
But thanks for your reply,
Adrian
Linda Keck said:I may not be understanding your question about getting the deed in your name but if you have a deed or whatever shows your heirship you should send it to the county clerks office at the courthouse for Grady Co. (I believe that would be in Chickasha, Ok.) and ask them to record it and send along with it their fee for doing so. (I would call them first and find out addresses, etc.) It will cost you only a little money for each page recorded. I'm thinking it was only like 45 cents but it may be up to a dollar or two (I can't remember) per page. After they record it they will send it back to you stamped as to what book and page in which it is recorded. I would then send a notorized letter stating your heirship and the fact that it has all been recorded in the county records and a copy of the papers you had recorded to the oil company you are leasing to or whoever drills a well in your section. I'm sure they can't just take anyone's word for it that they are an heir but would need physical proof of such. If I misunderstood what you were asking scratch everything I said and have a great Father's Day! Best Wishes!
Gary Moore said:
When land is leased the cursory look to ownership is sufficient, but when the oil companies start making royalty payments on producing wells the look to ownership gets closer scrutiny.
That is not a good offer. What is the township and range?
So, does this mean that they deny pay out of royalty payments and just hold the funds? We're having deeds updated but my mom has never received more than $50 bi-annually from the leasing company. This comment makes me think we might need to go back over the past 25 years and look at missed payouts from all the leases. Ughhh!
Companies do a quick title opinion when they are leasing. They "try" to find everyone. When a well is productive, then they have a more extensive "division order title opinion" done. This is when it counts for payout. It is really to protect the the lessee and the purchaser of the oil and gas (might be two or more different companies) and not really the lessor (royalty owner). If they can't figure it out quickly, the funds are put in escrow at the company. After three years the funds are turned over to the state. When my mom passed away, I hunted for escrow funds using the unclaimed funds sites in each state. Funny how they could lose a POBox that hadn't changed in 50 years. They did have some creative misspellings of her name. Don't use a company that does the recovery for you or they will take a cut! Even the state withheld some of our funds. Grrr.
On most leases, the companies can wait to pay until your amounts due total some sum such as $25 or $100. It cuts down on their administrative expenses. So on some of our tracts, we get paid every month. On other tracts, we only get paid a few times a year. They have to pay you at least once a year.
M Barnes, There is a law on the books there that if you request monthly payments that are at least $25 but less then $100, then they have to pay you monthly. I can give you that statute if you want it. I found it because some of our payments are falling in that range.
Adrian Madison
M Barnes said:
Companies do a quick title opinion when they are leasing. They "try" to find everyone. When a well is productive, then they have a more extensive "division order title opinion" done. This is when it counts for payout. It is really to protect the the lessee and the purchaser of the oil and gas (might be two or more different companies) and not really the lessor (royalty owner). If they can't figure it out quickly, the funds are put in escrow at the company. After three years the funds are turned over to the state. When my mom passed away, I hunted for escrow funds using the unclaimed funds sites in each state. Funny how they could lose a POBox that hadn't changed in 50 years. They did have some creative misspellings of her name. Don't use a company that does the recovery for you or they will take a cut! Even the state withheld some of our funds. Grrr.
On most leases, the companies can wait to pay until your amounts due total some sum such as $25 or $100. It cuts down on their administrative expenses. So on some of our tracts, we get paid every month. On other tracts, we only get paid a few times a year. They have to pay you at least once a year.
That is true; you are right. I just didn't request them every month.
I have the same problem and I understand that Continental is the worse company to deal with on this problem. I have filed a affidavit of heirship, Copy of will from deceased wife showing all property was left to me and a copy of wife's death certificate in the Grady County Courthouse. I was told this should be enough proof for anyone to establish ownership. I'm not sure If Continental is going to accept this sense we did not probate the will because their was nothing to probate as everything was already transferred to me before wife's death except one small mineral interest in Grady, Co. which we overlooked. Continental did release these minerals for a additional two years as the first three years of lease was up without well and they did make check out to me . I don't know if that means anything or not. They weren't the original leaser. I guess he sold it to them.