Establishing a Good Foundation – Acquisition of your mineral estate, establishing what mineral properties you own, what you need to acquire including mineral files and the contents, origination documents, and other necessary records. We will consider the importance of a good filing and records system, preparation of mineral files and placement of necessary documents, forms and exhibits, arrangement of mineral files for easy access and immediate retrieval, and avoiding problems in the future.
Basic Energy Law - Energy law has a long history of development in the form of common law and statutory law. Royalty owners (Lessors) must have a basic understanding of how the legal system works and what their rights and responsibilities are. We will discuss the mineral estate and its dominance over the surface estate, the basic tenants of energy law, conveyance of minerals, types of mineral interests, title issues, and the relationship between Lessors and Lessees.