Family! Grrr!

[gja1000]

Originally Posted by Janet

When it's family and money.....it's never as good as it should be. How can they be so crappy when they didn't read the mail either?

Well to be fair, they didn't receive the letter (which came in November) until this week. Their mineral rights are in a family trust, and all the correspondence goes to their older sister. She is the one that didn't read the letter - or read it and didn't think it was important - I don't know which one. The letter also went to a third cousin and I have no idea whether or not he read the letter and did nothing, or didn't read the letter at all like me.

It's still pissing me off this morning and I usually don't hold a grudge. The interesting thing is that my daughter called me yesterday to ask what was wrong with Joyce (the one being very nasty now about all this). My daughter picked up on the nasty condescending tone in the emails, even before I did. So, I don't think it is just me feeling attacked. Actually, I was picking up that I was being chastised publicly - but I was just ignoring it. LOL!

[DianaB]

Sorry that you're dealing with this. The truth is that she probably would have done the same thing if the letter had come to her.

I don't understand how you can lose money by overlooking a letter about your mineral rights. Do you have your mineral rights leased out?

We had a company that came through a few years ago and leased all around us so eventually we leased as well. They fizzled out before they actually got to our property and Glen was glad because they made these awful roads right in the middle of the fields. They didn't get enough natural gas in our area to hardly make it worth doing......however Glen has an aunt that lives south of town that makes some really good money on some wells she has. I think that Glen signed a contract where he can get his mineral rights back eventually.

I know......I ask too many questions and you don't have to answer them. Gayle, you always handle everything so nicely and I know that you'll handle your family in the same way.

[gja1000]

Hi Diana, thanks for the support. Yes, we have our land leased for drilling. It is a 3 year lease. We didn't sell our mineral rights or land, only leased them so they still belong to us.

The letter was a notice of a hearing to be held in December. The hearing was for the oil company to ask the Oklahoma corporation commission to allow the to allow them to be able to drill a different way than was specified in our lease. The request was approved by the corporation commission, so that is an issue.

Also at issue was the amount of money we will get IF they drill a well on our farm and IF it produces gas or oil. Our share of the money (IF the well is drilled and produces) is lower in the papers from the hearing than what is specified in our lease with them. When we didn't read the letter we got in November, we didn't know about the hearing, so we couldn't go an protest or have our attorney go and protest these changes.

Now, in reviewing the original notice we got back in Nov., we discover that lowering our percentage of money was not listed among the things in the original letter that they were going to ask for. That is the only thing that could possibly cost us money in the future - IF they drill a producing well in the next 2 1/2 years. Since we know about it now, but it was NOT listed in the notification letter (the one we didn't read), our attorney can probably get that part taken out. Of course though, we will have to pay our attorney to do that - so this snafu will cost us some money, either way. There are 7 of us cousins who own the land/mineral rights together, so it won't cost any ONE of us very much.

The other part of the oil company's request to the corporation commission won't cost us any money and I really don't understand that part of it anyway. It has to do with our lease specification that said they can only drill to a certain depth (e.g. 10,000 feet) but they want to be able to drill to other depths, e.g., 14,000 feet (and that was granted by the corporation commission). I don't understand why we had that restriction in our lease and so I don't know the implications of removing it - but I do know that that part is not what will cost us money in the long run.

[judy]

Even your post got too confusing to read!!! I would not have read that letter either~

Can you arrange to have your mail sent to Miss Perfect Joyce? That would let you off the hook from now on, and she can handle it all perfecly.

[gja1000]

Yes. That is what needs to happen Judy. The interesting thing is that Ms. Joyce has just retired (Dec. 31) from a very demanding job and has had no time for years and years. Lol! Now she has time to take care of all of us!!

[judy]

heehee!!!

[DianaB]

Gayle, have your lawyer find out the answers for you. These are things that need to be clarified before they ever start drilling on your property.

Oil and gas companies can be snakes......they'll tell you one thing but do another. I know that when oil and gas was big up here you had to be careful who you leased to because of the dishonesty that went on.

I wouldn't think that they could change the amount that they leased it for or the amount that they would owe you if they had a well on you.....but I would ask your lawyer about it.

I hope you get good news.......and that your cousin, well.......quits being a troublemaker!!!!