When you sign a lease agreement and an oil and gas extraction company begins drilling on your land in California, you expect your percentage of the royalties to be consistent with sales. However, according to ProPublica, many large companies have developed ways to withhold money that rightfully belongs to landowners, and they are often successful because of a lack of disclosure laws and accountability measures.
Developing and implementing a well-written contract is an integral part of maintaining a functional business relationship in the oil and gas industry in California. However, your efforts to draft the perfect contract cannot guarantee that a dispute will never occur. At Ehrlich & Pledger Law, LLP, we have helped many people to navigate the intricacies of contract law.