American Energy Production Inc(fka AENP)

[hayhauler]

Well let me tell you how they do it in the big time.

Since a section of land can be divided up by several owners, and each mineral owner in a section may have a contract with a company from 10 to 640 acres it is up to the oil company holding the lease to disperse the checks. The company purchasing the gas from an oil company have no idea how many mineral owners their are or what percentage of the well they own. You might be dealing with a mom and pop deal like anep, but with Chesapeake, XOM, Devon, and others that's the way it is. The purchaser pays the oil and gas company who pays the well head tax and then cuts the checks for the mineral owners. My checks are automatic deductions each month and I am e-mailed the monthly well production. If it were done your way I would be getting paid by OG@E of Oklahoma. Doesn't work that way. I know some sections that have as many as 30 or more mineral owners. eom