Gas Companies Using New Tool To Pick Up Unwilling Lessees published by The Fort Worth Business Press
Monday, January 11, 2010
BY JOHN-LAURENT TRONCHE
Article quotes Lisa Vaughn, Partner in the Energy Section of Shannon, Gracey, Ratliff & Miller, LLP
(A) Fort Worth attorney … got a letter in the mail from XTO Energy Inc., informing him that he could lease his minerals to the gas exploration and production company or, if not, they’d take them anyway. The Fort Worth company, in the process of being purchased by Exxon Mobil Corp., could use a statute usually reserved for protecting mineral rights owners, but in the reverse, to snatch up unwilling or unavailable mineral rights owners.
To read the article in its entirety, click on this link http://www.fwbusinesspress.com/display.php?id=11732
