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You are here: Experts > Industry > Oil/Gas > Oil/Gas > how do i know what perentage I own in mineral rights
Oil/Gas - how do i know what perentage I own in mineral rights
Expert: Alan H. Coogan - 11/8/2009
Question
Can you tell me what percentage I own. I have raw land in california and my deed stagtes in the legal desription excepting therefrom and undivided 25% interest in and to all minerals, gas and asphaltum and other hydrocarbvon substance now and whereafter in and uner said prperty, or which may be produced terefrom and all rights in relations there to as reserved by partnership.
Answer
Dear Debbie
I'll try.
First I am going to assume you have accurately conveyed all of the deed's reservations and there
is nothing else of importance, e.g. wills, law suits etc.
Secondly, suppose you own 100 acres in fee (absolutely#. Then, with only this limitation
#exception# of 25%, you own all #including all minerals) in 75% of 100 acres.
You need to get a copy of the original exception or reservation. You need a title examination of
your property, and you need the help of a California real property lawyer.
Especially, if the amount of money could be a lot
Good luck
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