If you have been approached to invest in an oil and gas venture in California, it is well worth it to completely check it out before signing anything or handing over any money. A legitimate business opportunity offered by an upstanding company should be easy to check...
Many people who own real estate in California do not consider whether someone else may have a right to use their property. However, if they are not buying the mineral rights as well as the surface rights, there could be repercussions. According to Geology.com, a...
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...
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.According...
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...
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....
If you are involved in a dispute within the oil and gas industry in California, it is helpful to understand what options you have to resolve the issues. Generally, you will be looking at one of three binding dispute resolution methods, which according to Oil & Gas...
A joint operating agreement is something commonly used in the oil and gas industries in California. If you are interested in getting into these industries, then you have likely heard of a JOA. The Oil & Gas Financial Journal explains that this type of agreement is...
The major protests may be over for now, but a recent spill reminds us that all the issues have not been resolved. The 1,172-mile pipeline between the Bakken oil fields and Illinois is not yet operational -- that's set for June 1. Still, President Trump green-lighting...
California property owners who have been approached by an oil or gas company about their mineral rights may be unsure what to do. They might not even understand what these rights are or what they mean. When faced with an offer to buy those rights, many owners may feel...