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The Water Cooler
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OK Real Estate License
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<blockquote data-quote="dennishoddy" data-source="post: 4272463" data-attributes="member: 5412"><p>Exactly. I'm 1/20 owner in a couple of wells in Logan County. The company that runs it now said they wouldn't issue royalty checks until they were at least over $20. I haven't got a check in a couple of years because I think it must have played out. Got a notification of them wanting to drill deeper, so they had to buy those rights. I opted at this age for the one time payout vs the potential royalties.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 4272463, member: 5412"] Exactly. I'm 1/20 owner in a couple of wells in Logan County. The company that runs it now said they wouldn't issue royalty checks until they were at least over $20. I haven't got a check in a couple of years because I think it must have played out. Got a notification of them wanting to drill deeper, so they had to buy those rights. I opted at this age for the one time payout vs the potential royalties. [/QUOTE]
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