AboutLaura 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
Question Help!! We sold our parents property in 2006 but we kept the mineral rights as stated in our Purchase Agreement that was signed by the buyer. My husband & I didn't know we had to change anything with the County. We did have contact with the oil & gas company in 2006 & 2007 when we were looking for royalties & the company never told us that things had changed. And we did receive royalties in 2006 & 2007. Now when we went looking for the royalties in 2008, we were told they were sent to the new owners. They were contacted & they sent the money back to the gas company. However, the company wants them to sign a Mineral Deed to transfer the ownership of the rights back to us. They refuse to do this. So we are all here in limbo wondering what to do. We want these rights, they are not the new owners so how can we settle this.
Answer The controlling document is the Cash Sale Deed or Deed which transfers the surface and reserves the minerals. This Deed is filed in the County records, correct?
If you furnish the Operator with a certified copy of this document, this should be all you need to establish that you retained your mineral interests.