Part Two: Oil & Gas Leases or Contracts – Getting the Right Parties
When an oil company, or a “land man” representing an oil company or an interested promoter, approaches a landowner seeking a lease to explore and produce oil, gas & other minerals from a tract of land, there are several factors property and rights owners need to investigate and consider. We’ve talked about the need to […]
Part One: Parameters & Principles of Land Ownership in Oil & Gas Negotiations
A “land man” comes a callin’ to your front gate. It was a welcome and fairly common occurrence in the Permian Basin of West Texas & New Mexico where I grew up to have these men come to your property. Happily, it has become very common in the Eagle Ford Shale play of South & […]
Buyer Beware: Online Legal Services May Cut Corners
Getting legal help today can be as quick as typing “legal advice” into a Google search. However, if you are purchasing legal forms online, don’t forget the old fashioned rule: Buyer Beware! You could wind up shelling out more money than expected to rectify legal problems that result from inappropriate guidance provided by online legal […]