About Linn A. Willers Expertise By occupation I'm a professional mineral manager who began my career managing Northern tier minerals (ND, MT and CDN with a sprinkling of OK & TX). I latter managed Rocky Mountain and Mid Continent minerals and currently manage a large set of Gulf Coast minerals along with the afore mentioned.
Experience Over the past 22 years I have always respresented issues from the mineral/royalty owner prospective. Organizations: National Association of Royalty Owners (NARO), American Association of Petroleum Landmen, Denver Association of Petroleum Landmen, Rocky Mountain Mineral Law Foundation, Energy and Mineral Law Foundation, National Association of Division order Analysts (NADOA), National Association of Lease Title Analysts (NALTA) and the Southwest Kansas Royalty Owners Association. Over the last ten years I have given various mineral management conference presentations, in Albuquerque, Dallas, Fort Worth, Oklahoma City and Tulsa and on a number of occasions I have presented or co-presented the Certified Mineral Management Review Course. I have a Business degree, I'm a Certified Mineral Manager and an RLP with the American Association of Petroleum Landmen. I'm a three term Past President of National Association of Royalty Owners (NARO) and the Immediate Past President.
Question ten of us have inherited 254 acres in
Burke County, North Dakota. Land is being sold with heirs retaining mineral rights. Family has no idea how to proceed..do we sell?, who knows what 'lies beneath." Can you advise us please.
Answer When you list the property with a realtor you must include a listing agreement clause specifically stating the seller wants to retain all mineral ownership. The conveying deed must also include a clause stating: Expecting and reserving unto Grantor all oil, gas and other minerals, including the rights of ingress and egress.