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
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.]
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
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.