Q: Inherited land and minerals in OK . Got a division order to sign. Would a new lease or agreement have to be signed?
A:
Probably not. You are likely bound by your predecessor’s lease (or pooling order) for the well in question.
Also. You are entitled to royalties in Oklahoma even if a division order is not signed by you. Some companies try to get concessions with orders. But make sure they have your tax information in a W-9.
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