Energy Industry (Oil & Gas)/FERRELLOIL CO., LLC

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jack duncan wrote at 2009-08-19 15:18:05
I received an offer from Ferrell, signed the lease and the draft for the money. I returned the signed copies for payment. They then cancelled the offer.

they said the offer was a mistake. Seems like we a had some type of contractual agreement.  My lawyer thinks so.


Landmom wrote at 2013-12-13 17:03:28
Any mineral owner selling mineral interests should beware of the insertion of a paragraph in the mineral deed that states - NOTWITHSTANDING, IT IS THE SPECIFIC INTENT OF THIS INSTRUMENT TO CONVEY ALL RIGHT, TITLE, AND INTEREST IN THE ABOVE DESCRIBED PROPERTY TO THE GRANTEE INCLUDING ANY AND ALL RESERSIONARY, ACCRETION AND RIPARIAN RIGHTS.  This paragraph is sometimes inserted below the statement showing the net mineral acres being conveyed and the legal description. If the grantor is conveying only a portion of their mineral interest, that paragraph conveys ALL that they own. Any company using that is unethical at best.


Energy Industry (Oil & Gas)

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David B. McCall

Expertise

Questions regarding oil and gas exploration and production, the operation and management of oil and gas producing properties, and questions related to mineral ownership, title problems, and oil and gas leases.

Experience

I am Board Certified in Oil, Gas and Mineral Law in the state of Texas. I have more than 37 years of experience in the industry as both an in house attorney for major oil companies and as a partner in oil and gas firms. I am also a mineral owner and receive royalties from oil and gas production. I have extensive title examination experience, and have represented clients in many administrative and court proceedings.

Organizations
State Bar of Texas, Texas Bar Foundation, and Austin Bar Foundation.

Publications
Various state bar seminars on Oil and Gas matters.

Education/Credentials
I have a business degree in marketing from McMurry University, 1971, and a JD degree from Texas Tech University in 1974, where I graduated 17th in my class. Board Certified in Oil, Gas and Mineral Law in 1986.

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