What is the name of your state? Texas.I'm not sure if I'm posting in the right catagory or not, because I know NOTHING about this situation.
I am 1 of 4 siblings and between the 4 of us we have mineral rights in Oklahoma, left to us by our Grandmother, who died years ago. The mineral rights were leased at one time for about $300.00 each, (I was too young to participate).
My first question is: If 2 siblings want to lease and 2 do not, can the 2 that want to go ahead and sign and lease their rights?
My second question is: When the paperwork was presented to me, there was a paper that says Request for Taxpayer Identification and Certification and an actual Oil and Gas Lease (paid-up) that says AGREEMENT, made and entered into this.....dates, by and between: My name c/o my sister's name and address.
Nowhere in this lease does it say how much they are paying for these rights; is that normal? How do I know my sister isn't getting all the money and I'll be left with nothing?
Anyway, if you could offer any opinions or suggestions or answers, I would REALLY appreciate it. I'm totally lost on this one!