James
H. Lockhart
Attorney and Counselor at Law
Park on Main, Suite 136, 3750 West Main St., Norman, OK 73072 (405)292-5998
Attorney and Counselor at Law
Park on Main, Suite 136, 3750 West Main St., Norman, OK 73072 (405)292-5998 |
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Energy Law Oil and gas interests are typically leased by owners. After leasing, proceeds must be accounted for to assure that they are timely paid. Division orders and other transfer and production documents must be reviewed and signed. The purchase, sale, leasing, and management of mineral interest is part of trust administration and the ordering of one's estate as major transitions are made in life. It
involves verification of title and the nature of the interest, be it a royalty,
leasing or full mineral interest. It
involves regulation of mineral interests by the state, to include establishing
drilling and spacing units, increased density, and the pooling of mineral
interests.
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