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Re: hornbookco post# 36139

Thursday, 11/15/2007 12:24:37 PM

Thursday, November 15, 2007 12:24:37 PM

Post# of 44006
hornbookco
First i did sell my farm it had a well on it.
Second the famly farm had several wells on it,when the oil was sold from dads farm the check came from the company that got the oil. The company that had dads farm leased was a small oil & gas company.
The company that has my farm is Range Resources from Addison Texas, a good sized company. My check comes from Range for my share of the Royalties. I did retain 1/2 the Royalties on my farm.
My guess only is that the landowners that lease to AENP get their checks from the companies that buy the oil & NG . JMHO

Maybe you could call the chief and find out if i'm correct

Hope this helps you to understand how this can work for different producers.


jmho


jmho
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