I recently inherited minerals from my parents’ estate (here in East Texas) and notified the operator to transfer them into my name. I received a division order to sign. All looks good except one item, i.e., the paragraph following beginning with the word “INDEMNITY.” I don’t want to indemnify anyone, especially not the Operator. I understand that if the Operator accidentally overpays me, I am obligated to give back the excess. No problem there. But this paragraph seems to be inclusive of more than that. Would it be possible to cross out this paragraph and see if Operator will accept?
INDEMNITY. The owner agrees to indemnify and hold payor harmless from all liability resulting from payments made to the Owner in accordance with such division of interest, including but not limited to attorney fees or judgments in connection with any suit that affects the Owner’s interest to which payor is made a party.