Mineral Rights/land development question

TXZS · #1 01-25-2006, 04:42 PM

Tom, you definitely should retain an oil & gas attorney who is licensed to practice in Colorado; laws vary from state to state. Your rights as the mineral owner are very different from the rights of the surface owner! TXZS

**KNAPPY** · #2 01-25-2006, 05:13 PM

I agree, talk to a lawyer first. Since you do not have the surface rights it will be less hassle for you but the land owners will not be happy. Here in Texas the oil companys are a royal pain in the ass. The land owners may pay you more not to lease the mineral rights.

**Charley Lillard** · #3 01-25-2006, 06:33 PM

Get a oil and gas attorney. They know what the going rate is for leases. I had a similar situation a few years ago and the attorney more than paid his way. Good luck..

**PeteLeathersac** · #4 01-25-2006, 07:35 PM

And don't forget to include the fine print....to supply you free Hi-test fuel for life!!! ~ Pete

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