In preparation for the upcoming legislative session, NARO-Texas is looking for good examples of the “royalty lease scam” being perpetrated these days. This involves approaching someone with an active lease and producing well, usually elderly, and presenting what looks to be an oil and gas lease. In return for a lump sum payment, the document is actually selling 75% of the royalty stream in the lease. The document is usually presented as a top lease. If you know of anyone who this has happened to, please contact Wade Caldwell at [email protected]. NARO-Texas is working on a legislative solution to stop these scams.
Mr. Caldwell,
I Believe I have one of these “royalty lease scams” you are looking for. I am not sure if you are still working on this topic. I signed a inherited mineral lease in 2012. I have all the documents if you are still interested. Gina Politte
I sent you an email. Please help. Thank you.
We are. Please message me so I can get more information.
I got them thanks much