Can "Free of Cost" Term Achieve Point-of-Sale Royalty Base?
Producer's Edge
APRIL 30, 2025
Background: 1960 Deed and Royalty Dispute The dispute arose from a 1960 deed where B.A. and Emilia Gutierrez Puig sold their ranch to Palafox Exploration Company while reserving a 1/16th non-participating royalty interest (NPRI) to be paid “free of cost forever.” —San Antonio Oct. 30, 2024, no pet.
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