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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 > Royalty Deeds

Oil/Gas - Royalty Deeds

Expert: Laura M. FitzGerald, CPL - 10/27/2009

Question
I have in my possession 10 Royalty Deeds assigned to me September 1, 1970. Per the Royalty Deeds I am assigned an overriding royalty equal to One-half of one percent (1/2 of 15), of the market at the wells as produced of all of the oil and gas and other hydrocarbon substances which may be produced, saved and marketed from lands situated in the County of Chaves, state of New Mexico to wit:

The properties are located in Township 9 south, Range 22 East, New Mexico Principle meridian.

How do I capitalize on these Royalty Deeds?

Any help rendered would be greatly appreciated.

Thank you very much for your time and indulgence.

Respectfully,

Rogers

Answer

Hardhat Photo

Dear Sir -

One of the things you could do to capitalize on these Royalty Deeds is sell your interest. Are you interested in doing that? If so, if so, if you will fax me, at 318-219-2466 or email me at lfitzgerald@iliosresources.com; the Royalty Deeds I can get an offer for you -

Otherwise, an Overriding Royalty Interest Owner is a 'passive owner' and does not have the right to grant Oil, Gas and Mineral Leases.

I hope this provides you with some assistance.

If you send a fax, be sure and put: Attention: All Experts on there.

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