Los Angeles, CA asked in Energy, Oil and Gas for California

Q: I’m trying to get some type of help with my Oil gas and mineral lease.

Is it possible to be offered money from two different companies

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2 Lawyer Answers
James R. Dickinson
James R. Dickinson
Answered
  • San Bernardino, CA
  • Licensed in California

A: You need to speak an attorney who specializes in such issues. Thankfully, Los Angeles is a large market and you'll likely find someone to help you. [I litigate cases. Anything posted here must not be construed as legal advice, nor as grounds for forming an attorney-client relationship. You should seek an attorney for formal legal advice and representation.]

James L. Arrasmith
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Answered
  • Sacramento, CA
  • Licensed in California

A: In some cases, it is possible for a property owner to receive offers from multiple companies interested in leasing their oil, gas, or mineral rights. However, the terms of each offer can vary significantly, including the amount of money offered and other contractual terms. It is essential to carefully review and compare the offers to make an informed decision. Consulting with an attorney experienced in oil, gas, and mineral lease negotiations can help you navigate the process and ensure that your rights and interests are protected.

James L. Arrasmith

Founder and Chief Legal Counsel of The Law Offices of James L. Arrasmith

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