The Not So Good, the Bad and the Ugly: What Every Landman Needs to Know About Community Leases

In this presentation:

- Creation

- Conveyance Problems

- Allocation of Royalties

- Partial Quitclaim Problem

- Pooling

- Foreclosure Issues

- Excerpt from: Conveyance Problems Conveying two interests:

- Mineral interest in parcel

- An estate in real property that is appurtenant to the land

- Leasehold interest in community lease, i.e. an interest in the oil produced from co-lessors’ land

Please see full presentation below for more information.

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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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