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We may also use web beacons small graphic images on a web page or an HTML e-mail to monitor interaction with our websites or e-mails. This article provides insight and help. Review the division order carefully and identify every conflicting term. Using a ruler, strike through any term that conflicts with the terms of your lease.
Be careful to not strike through the language allowing the company to sell your share of oil on your behalf, otherwise the division order can be rejected. Carefully place your initials in the margin directly to the right or the left of the stricken language.
Each strike must have its own set of initials. If both husband and wife must sign the division order, each must put their initials close together in the margin beside each stricken line.
Sign the order if appropriate. The division should be signed if it is correct, or not signed if the decimal is incorrect: Sign the division order according to the instruction sheet they should have included when they mailed it to you, if you agree with the decimal shown on the division order. If you have sold all or part of your interest in this well, or you have acquired additional interest in this well that is not reflected in the decimal shown in the division order, stop here.
Call the number provided in the paperwork sent with the division order and tell them about the title changes. If no title changes have occurred and if an IRS Form W-9 was included in the envelope with the set of division orders, be sure to fill that out and sign it. If husband and wife are on the division order, only the husband needs to fill out the W-9 form and give his Social Security Number in it, if his name is always listed first on the IRS Form filed each year.
Make any corrections to your address or misspelling of your name but not a new name! Never have a division order notarized. Make certain to have the division order witnessed by a neighbor, family member, or anyone who knows you, if the division order requires witness signature s. Not all division orders require witness signatures and that is fine. Return one copy of the signed division order to the oil company along with the signed W Keep the other copy of the signed division order for your records!
Do not send both copies back to the oil company. They sent you two copies for the purpose of you keeping one for your records. Wait for the results and follow up as needed. The oil company is required to communicate with you whether they accept, or reject, the division order reflecting all of the stricken language. To hasten that process, you should: After exactly two weeks, call the telephone number provided in the instruction sheet or cover letter sent to you along with the division order.
Have your copy of the division order with you. If you must leave a message, be sure to have your copy of the division order in front of you when you leave the message. State in the message 1 your name s , 2 your owner number assigned to you and given in the division order, 3 the date you mailed the signed copy back to the oil company, and 4 give them your telephone number to call you back to verify that they received your signed division order.
Request that they return your call and tell you that the account has been placed in pay status, or will be placed in pay status. Give them no more than 3 days to return your call. If you have not received a call from them in 3 days, call them again, and repeat all of the information you gave them in the first call and request again that they call to verify receipt and acceptance. After your second call, give them only 24 hours to respond. If they have not responded, call every day for one full business week.
If still no response, call the company main number and ask to speak to the Land Administration Manager. If still no response in 24 hours, send a letter by certified mail demanding that they place your account in pay status following receipt of your signed division order and give them 30 days to pay your royalties according to the terms of your lease or you will seek termination of the oil and gas lease.
If no payment has been received within 30 days, take all of your paperwork with you including the certified letter green card signed by the oil company to an attorney and pay to have the attorney send a demand letter. Very few companies allow royalty owner relations to get to this point before paying them, so an attorney is the last resort rarely needed. Review the division order carefully.
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A Division Order, with cover letter and request for supporting documents if needed (curative), is sent on behalf of the producing party to all interest holders, primarily working interest partners and landowners with a royalty interest in production. Division Order Cover Letter. division order cover letter Sample Cover Letter. Ling Wu Wide Boulevard., Apt. , East Lansing, MI , , [email protected] May 16, Jerome Smith, Superintendent A cover letter is like and A Follow-up Letter, and Create A Winning Portfolio.
ix d2 research paper outline for an author Division Order Cover Letter master thesis cite resume medical school admission. 1 Senior Division Order Analyst (lead Level) Train and supervise new Junior Division Order Analyst in the determination of ownership for revenue allocation and oil and gas wells in Wyoming, Utah, New Mexico, Texas, Montana, North Dakota and Colorado, including Federal Units.