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Every Thing Else Board
Mesa Power & Roberts County Water District
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<blockquote data-quote="TexasBred" data-source="post: 548522" data-attributes="member: 6897"><p>Sad but true. And these folks that filed the suit still may never collect a penny in their lifetime. Oil companies still have a hard time understanding that the oil and/or gas underneath the property still belongs to the mineral owner and the O&G Co. is only entitled to a portion of the proceeds of the sale of the oil/gas according to the "Lease" executed as compensation for the drilling and extraction and sale of the oil and/or gas. I know in our case the gas company sells the gas to their own dam pipeline company and charges us for it. Lowers the sales price and increases the delivery charge. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite4" alt=":mad:" title="Mad :mad:" loading="lazy" data-shortname=":mad:" /> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite4" alt=":mad:" title="Mad :mad:" loading="lazy" data-shortname=":mad:" /> <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite4" alt=":mad:" title="Mad :mad:" loading="lazy" data-shortname=":mad:" /></p></blockquote><p></p>
[QUOTE="TexasBred, post: 548522, member: 6897"] Sad but true. And these folks that filed the suit still may never collect a penny in their lifetime. Oil companies still have a hard time understanding that the oil and/or gas underneath the property still belongs to the mineral owner and the O&G Co. is only entitled to a portion of the proceeds of the sale of the oil/gas according to the "Lease" executed as compensation for the drilling and extraction and sale of the oil and/or gas. I know in our case the gas company sells the gas to their own dam pipeline company and charges us for it. Lowers the sales price and increases the delivery charge. :mad: :mad: :mad: [/QUOTE]
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