My family owns mineral rights on a tract of land in La Salle County . Carizzo was the original operator and drilled four wells. Callon acquired Carizzo and did not drill any more wells. I found out this tract was included in a sale of “non-core assets”. Callon will not give us any information. I’ve called three times and they say someone will call back but no call back. Also, the normal end of month notice of payment initiated did not come. I checked out one of the units (Anderson-Raemay ‘B) Unit/ 18383) on Texas RRC. It shows the current operator as TEXAS AMERICAN RESOURCES COMPANY. I’m assuming this is the purchaser. Does anyone know anything about this company? Aren’t they required to continue to make payments and notify us that a sale has taken place? I’m really worried now. I hope this forum is still active and that you guys can help me fill in the blanks. Thank you!
Susie
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I thought I hit Add Reply but I guess I didn’t. I can’t thank you enough for looking at this for me. My problem is that I don’t know what I’m looking at or know if something seems wrong. I think your idea of a database is a good idea though. Thanks so much, Mark :)
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Posted by Chaz on May 3, 2019 at 1:30pm 0 Comments 0 Promotions
This may have been discussed at length at some point on this forum so please forgive me if I'm repeating a question that may have been answered.
Six years ago CHK drilled wells with 5000ft laterals; recently they have come back and…
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