Currents - Energy Industry Insights - January 2018 - Issue 4

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West Virginia Surface, Mineral Rights Owners Say Details Will be Key to Getting Co-Tenancy Bill Passed -

"Surface and mineral rights owners most affected by co-tenancy legislation say they're wary of jumping on the bandwagon until they see exactly what form the much-talked about legislation takes."

Why this is important: The proposed co-tenancy legislation is expected to address the problem that arises when a single tract of minerals has multiple owners. For example, property transferred down through generations commonly results in ownership divided among dozens, if not hundreds, of people....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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