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About Laura M. FitzGerald, CPL
Expertise
I can answer all questions related to any oil and gas leases, mineral sales, pipeline right-of-ways, LA Dept of Conservation Units; negotiating with landmen for leasing your property, assisting in locating owners of suspended funds.

Experience
26 years in the field and owning my own land services company; being a royalty owner, and participating in drilling wells

Organizations
American Association for Professional Landmen, ArkLaTex Assoc. of Professional Landmen, and Dallas Association of Professional Landmen (DAPL), Women's Business Enterprise National Council (WBENC)

Education/Credentials
Certified Professional Landman, attended LSU, Notary Public

 
   

You are here:  Experts > Industry > Oil/Gas > Oil/Gas > Entireities Clause in an Okla lease

Oil/Gas - Entireities Clause in an Okla lease


Expert: Laura M. FitzGerald, CPL - 10/29/2009

Question
Can you give me a brief description of an "entireties clause" in an Oklahoma lease?

Answer
The Entirety Clause found in some oil and gas leases benefits the Lessee to make it clear to the Lessor that if the lands covered by the lease are now or in the future owned in separate tracts, the lease will continued to be administered by the Lessee as one lease. The obligations of the Lessee will not be enlarged, such as the several owners requiring to be paid 100% of the payments due under the lease without regard to the other owners of the remaining tracts in the original lease.

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