Monday, March 30, 2009

Article

The current economic recession has created a dilemma for mineral right owners in Tarrant County. Drilling projects are being pushed back, and natural gas prices have plummeted from last year's highs; the decision of whether to lease their rights has become increasingly difficult with many feeling the crunch. Investors are now offering one-time lump-sum payments in exchange for the rights to all future monthly payments. The author presents the perspectives of all parties involved in the issue royalty purchasers, mineral right owners, and lawyers representing both sides.

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