Oil and gas companies cannot start drilling and extracting mineral oil from your property in California until you sign a lease or sell the property. You may have your mind on what you plan to do with the money once it starts rolling in, but you need to stay focused on the lease agreement. Before you sign your name on anything, make sure you understand what the lease requires so you do not make any mistakes that go against your interests.
One of the best ways to create effective sales agreements in the oil and gas industry is to negotiate carefully and strategically. At Ehrlich & Pledger Law, LLP, we have helped many people in California formulate contracts that are concise and thorough.