What to do when a business owes you money?
When a business owes you money and refuses to repay it, you can take steps to ensure that the money is paid back. One option that you could pursue is filing a lien on the assets of the business. When you file a lien, you will have a legal claim against the property that is owned by the business.
How to exchange oil and gas royalties for cash?
Cash payment for oil and gas royalty – Learn how to exchange your oil and gas royalties or mineral rights for cash. Call 713.893.4476 for a no obligation cash offer. Division Order – Explanation of oil and gas Division Orders for mineral, royalty, and overriding royalty owners.
Where can I Find my unclaimed oil and gas royalties?
If you would like to discuss mineral rights related issues with other landowners visit MineralRightsForum.com. To find your unclaimed oil and gas royalty, click on your state from the list below. Cash payment for oil and gas royalty – Learn how to exchange your oil and gas royalties or mineral rights for cash.
Do you feel bad if someone owes you money?
And don’t allow them to make you feel bad. Although you may be better at saving or paying off your mortgage repayments, you don’t need to feel guilty that they are not as savvy with their money. If you have the means then by all means loan it to them, but if you don’t, then you don’t.
How does the oil and gas company pay landowners?
At one time, the oil and gas company paid a delay rental payment to the landowner during the initial or primary term of the lease. The delay rental payment was usually paid on a yearly basis. While the delay rental payment was being paid, the oil and gas company did not have to drill or do anything on the leased land.
How are oil companies getting out of paying royalties?
But manipulation of costs and other data by oil companies is keeping billions of dollars in royalties out of the hands of private and government landholders, an investigation by ProPublica has found. An analysis of lease agreements, government documents and thousands of pages of court records shows that such underpayments are widespread.
How often do oil and gas companies pay delay payments?
The delay rental payment was usually paid on a yearly basis. While the delay rental payment was being paid, the oil and gas company did not have to drill or do anything on the leased land.
What should a lawyer do for an oil and gas lease?
A lawyer who is familiar with oil and gas law should be able to explain the provisions set forth in the lease and other documents and inform the landowner of what is good, what is bad, and what should be changed or inserted by way of an addendum.