H.B. 4270 -
Passed - March 10, 2018 -
Signed by Governor - March 27, 2018 -
Effective - June 8, 2018 -
The Information Reporting and Payments to Owners bill (H.B. 4270) is a companion bill to the Cotenancy...more
4/3/2018
/ Co-Ownership ,
Department of Environmental Protection ,
Gas Royalties ,
Horizontal Wells ,
Interest Accrual ,
Mineral Rights ,
New Legislation ,
Oil & Gas ,
Payment Terms ,
Private Right of Action ,
Reporting Requirements ,
State Legislatures
Summary of H.B. 4268 -
At its core, the Cotenancy Modernization and Majority Protection Act ("Act") is a revision to the relationship between cotenants owning "oil or natural gas and their constituents." The Act is...more
Based on a recent decision in West Virginia’s 3rd Judicial Circuit, which includes Doddridge, Pleasants and Ritchie counties, the use of litigation in the form of partition suits may be more problematic than it otherwise has...more