I, my 4 siblings and Uncle (recently deased), now 3 cousins apparently have a non-participating interest in 42 acres on a 550 acre unit. We signed an Acknowledgment and Ratification of Oil, Gas and Minerals Lease??? What did we sign, as we knew nothing about any of this before getting paperwork in Mar 2010?
The land is part of the Nathan Davis Survey, A-147. Suppossedly 13-17 mi SE of Central, west of Shelby?? Thee was something about Cr 1095 & 1097 or 1098 also. Our part is 42 acres of a 550 acre unit. Or so I am told. I was also told that the first well "came in" after about 60 days and 2 others after that? How do I find out what they are doing-- ie production..whatever?