BOE Report

JUNE 3, 2025

CALGARY, Alberta, June 03, 2025 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky”) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.26 per common share, payable in cash on July 15, 2025 to shareholders of record on June 30, 2025.

Royalty 64

Royalty IT 64

Marcellus Drilling News

MAY 19, 2025

ECA Marcellus Trust I, the royalty interest holder in some of the wells drilled and maintained by Greylock Energy in Greene County, PA, announced on May 9 that it will issue a 5.2-cent cent dividend to unitholders for the first quarter of 2025. The company continues to hold back some profits ($90,000 in 1Q25) to build.

Royalty Interest 156

Royalty Interest Royalty Energy Energy 156

The Energy Law

MARCH 15, 2023

2023), in which it held that lessees owed royalties in excess of their gross proceeds, specifically “adding back” costs incurred by third-party buyers that were enumerated in the sales contract and subtracted from the sales price. The leases contained the following royalty provisions: 3. Sheppard , — S.W.3d NationsBank”, 939 S.W.2d

Royalty 98

Royalty Gas Oil Downstream 98

The Energy Law

JULY 10, 2023

Accordingly, auditing of royalty payments was left to the Mineral Board’s internal accountants, and when an issue arose as to whether royalty payments were made correctly, the Mineral Board’s land personnel and internal counsel would oversee sending demands and pursuing litigation against the State’s mineral lessees and well operators.

Royalty 98

Royalty Natural Gas Gas Operator 98

BOE Report

MAY 14, 2025

CALGARY, Alberta, May 14, 2025 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. Freehold or the Company) (TSX:FRU) announced today that all nominees listed in its notice of meeting and information circular dated March 26, 2025 were elected as directors of Freehold at its Annual Meeting of Shareholders (the Meeting) held today.

Royalty 59

Royalty IT 59

Marcellus Drilling News

MARCH 12, 2025

Earlier this month, the Texas Independent Producers & Royalty Owners Association (TIPRO) released the 10th edition of its State of Energy Report, offering a detailed analysis of national and state trends in oil and natural gas employment, wages and other key economic factors for ?the the energy industry in 2024 (full copy below).

Natural Gas 171

Natural Gas Gas Royalty Oil 171

Oil and Gas Lawyer

NOVEMBER 7, 2024

04-23-00106-CV, the San Antonio Court of Appeals was asked to construe a royalty reservation in a 1960 deed: There is saved, excepted and reserved, in favor of the undersigned, B.A. Said interest hereby reserved is Non-Participating Royalty. In Fasken Oil and Ranch, Ltd. Puig, Jr., as his own property free of cost forever. 2d 118 (Tex.

Casing 130

Casing Royalty Exploration and Production Downstream 130

BOE Report

MARCH 10, 2025

CALGARY, Alberta, March 10, 2025 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. PrairieSky) (TSX:PSK) announced today that its Board of Directors has declared a quarterly dividend of CDN $0.26 per common share, payable in cash on April 15, 2025 to shareholders of record on March 31, 2025.

Royalty 59

Royalty IT 59

Permian Basin Oil and Gas Magazine

MARCH 28, 2025

Dallas-based Elk Range Royalties said recently it acquired Newton Financial Corp., Collectively they own mineral and royalty interests across the Permian Basin in west Texas and Eagle Ford in south Texas. Elk Range buys mineral and royalty interests across multiple U.S. Concord Oil and Mission Oil.

Royalty 59

Royalty Basin Royalty Interest Spud-in 59

The Energy Law

FEBRUARY 28, 2023

million judgment for reimbursement of mineral royalties. million in mineral royalties attributable to ownership of these banks. As there are no such provisions governing the Crooks plaintiffs’ mineral royalties claims, the legislature has retained its discretion to appropriate funds for those claims. 1/1/23), So.

Royalty 98

Royalty E&A Casing Education 98

Aresco

JULY 17, 2024

Investing in oil and gas royalties involves purchasing the rights to receive a portion of the revenue generated from the production and sale of oil and gas from a particular property or lease. Passive Income : Oil and gas royalties can provide investors with a source of passive income.

Royalty 52

Royalty Gas Oil Exploration and Production 52

Oil and Gas Lawyer

JANUARY 13, 2025

In 2002 Hahn conveyed the tract to William and Lucille Gips, reserving an undivided one-half non-participating interest in and to all of the royalty [Hahn] now owns (same being an undivided one-half of [Hahn’s] one-fourth or an undivided one-eighth royalty) … Continue reading

Royalty 130

Royalty Casing IT 130

Producer's Edge

MARCH 25, 2025

The lease royalty case Carl v. The lease provided for a royalty calculated based on the “market value at the well.” First, the lessor relied on a portion of the royalty clause indicating that royalty was due “on gas … produced from said land and sold or used off the premises.”

Royalty 52

Royalty Gas Downstream Operator 52

Producer's Edge

MARCH 25, 2025

The lease royalty case Carl v. The lease provided for a royalty calculated based on the “market value at the well.” First, the lessor relied on a portion of the royalty clause indicating that royalty was due “on gas … produced from said land and sold or used off the premises.”

Royalty 52

Royalty Gas Downstream Operator 52

BOE Report

JUNE 2, 2025

CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. Freehold or the Company) (TSX:FRU) is pleased to announce the appointment of Shaina Morihira as its Chief Financial Officer, effective June 4, 2025. Morihira will succeed David Hendry who, as previously announced, is retiring.

Royalty 45

Royalty IT 45

Oil & Gas 360º

APRIL 2, 2025

Chevron will retain a 30% non-operated working interest in a joint venture with TGNR and an overriding royalty interest in the assets. billion in value to Chevron at current Henry Hub prices through the multi-year capital carry, retained working interest, and overriding royalty interest.

Royalty Interest 130

Royalty Interest Gas Royalty Operator 130

Producer's Edge

APRIL 30, 2025

Court Interprets “Free of Cost Forever” Royalty Language Broadly In this case ( Fasken Oil & Ranch, Ltd. Background: 1960 Deed and Royalty Dispute The dispute arose from a 1960 deed where B.A. Hyder , which also addressed a royalty provision with “cost-free” language. —San Antonio Oct.

Royalty 52

Royalty Exploration and Production Royalty Interest Casing 52

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

Dallas-based Elk Range Royalties said recently it closed a deal to acquire 250,000 net royalty acres from affiliates of Occidental Petroleum for $905 million. Elk Range Royalties buys mineral and royalty interests across multiple U.S. Elk has deployed more than $1.2

Royalty 52

Royalty Spud-in Royalty Interest Basin 52

Texas Oil & Gas Attorney

JUNE 14, 2024

In a recent case, the Texas Supreme Court considered whether interest on late royalty payments was supposed to be simple or compound interest. When Samson paid previously unpaid royalties to the Plaintiff, it included simple interest. In Samson Exploration, LLC v. Bordages, 662 S.W.3d 3d 501, 2024 (Tex.

Royalty 52

Royalty Casing Oil Sustainability 52

Permian Basin Oil and Gas Magazine

APRIL 4, 2025

Plano-based Mentor Capital said last week it purchased 25.127 net royalty acres in a 71-well producing project in Permian Basin. Mentor said its royalty stream is equivalent to 12.5 The post Mentor Capital purchases royalty acres in 71-well project in Permian Basin appeared first on Permian Basin Oil and Gas Magazine.

Royalty 52

Royalty Basin Natural Gas Oil 52

Enverus

JUNE 3, 2025

In response to today’s announcement that Viper Energy, a subsidiary of Diamondback Energy, would acquire Sitio Royalties Corp for $4.1 Now, for just the second time Enverus has tracked, two publicly traded minerals companies are combing with Viper Energy Partners buying Sitio Royalties for $4.1 billion inclusive of net debt.

Royalty 130

Royalty Basin Royalty Interest Upstream 130

The Energy Law

APRIL 4, 2023

While 30:10 was amended during the 2022 legislative session, the amendment preserved the limited obligation of remitting the royalty and overriding royalty burdens to the nonparticipating owner for the benefit of the royalty and overriding royalty owners.

Royalty 98

Royalty Operator Royalty Interest E&A 98

The Energy Law

JULY 1, 2021

Sheppard is a royalty dispute between several lessees, Devon Energy Production Co., concerning a novel royalty term that may have a huge impact on the way oil and gas royalties are paid in the future. The royalty clause at issue required the lessees to pay to the lessors 1/5th of the “gross proceeds” as a royalty.

Royalty 59

Royalty Casing Gas Oil 59

The Energy Law

JUNE 8, 2020

With the prevalence of cases involving royalty disputes in Texas, the state’s Supreme Court has never hesitated to address these issues. But the Court’s sporadic holdings regarding royalty clauses, each so specific to the particular language of the lease, have left lessees on unsteady footing. Heritage Res., NationsBank , 939 S.W.2d

Royalty 52

Royalty Exploration and Production Downstream Transportation 52

The Energy Law

JUNE 4, 2007

Hunter MMS has announced proposed amendments to its deep gas royalty relief regulations under the Energy Policy Act of 2005.

Royalty 40

Royalty Offshore BCF Natural Gas 40

Oil & Gas 360º

MAY 8, 2025

The deal, valued at $608 million, includes 13,320 net acres, 8,700 net royalty acres and 12,000 Boe/d directly offset Permian Resources core New Mexico operating areas. (World Oil) – Permian Resources has reached an agreement to buy core assets in the Delaware basin from Apache parent company APA Corp.

Basin 130

Basin Royalty Operator Utilities 130

The Energy Law

MARCH 7, 2023

In the 1920s—the time the deed at issue was executed—lessors commonly reserved a one-eighth royalty interest when they executed oil and gas leases. In addition to the estate misconception theory, the Court analyzed the “legacy of the one-eighth royalty.” The Texas Supreme Court recently released its opinion in Van Dyke v. Dils Co. ,

Royalty 98

Royalty Royalty Interest Instrumentation Gas 98

BOE Report

APRIL 14, 2025

CALGARY, Alberta, April 14, 2025 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company”) (TSX: PSK) is pleased to announce its first quarter operating and financial results for the period ended March31, 2025.

Royalty 71

Royalty Barrel Operator Oil 71

The Energy Law

JANUARY 24, 2007

The Associated Press reported today that a federal jury found Kerr McGee liable for additional royalties on crude oil produced from federal properties and sold through Texon. Kerr McGee had denied the allegations and claimed that no additional royalties were owed. Kerr McGee has indicated that intends to appeal the verdict.

Royalty 40

Royalty Casing Oil Crude Oil 40

The Energy Law

APRIL 6, 2010

Ross alleged that Shell failed to pay royalties in accordance with the lease agreement and that it fraudulently deprived him of royalties by making payments “based on an arbitrary amount even below the internal transfer price.” Shell, however, did not calculate royalty payments based on the price it received for the gas.

Royalty 40

Royalty Natural Gas Gas IT 40

The Energy Law

FEBRUARY 19, 2008

15, 2008), the Texas Supreme Court again addressed the propriety of class actions for gas royalty claims. The class affirmed the denial of two subclasses, but reversed the denial of a third subclass of royalty claimaints. Phillips Petroleum Co. , 03-0824 (Feb. The Court upheld the denial of class treatment.

Royalty 40

Royalty Petroleum Gas Casing 40

The Energy Law

AUGUST 1, 2007

By Dana Douglas The Louisiana First Circuit Court of Appeal recently held that an operator is not responsible for payment of a non-operator’s royalties and overriding royalties before payout. Thus, the non-participant was responsible for payment of its royalty and overriding royalty payments. In Gulf Explorer, LLC v.

Royalty 40

Royalty Operator Exploration and Production Abandonment 40

Rigzone

MAY 12, 2025

million gross unit acres of premier natural gas mineral and royalty assets, significantly expanding its footprint in the core of the Haynesville Shale. WhiteHawk will add approximately 1.8

Royalty 69

Royalty Natural Gas Energy Energy 69

BOE Report

MARCH 24, 2025

CALGARY, Alberta, March 24, 2025 (GLOBE NEWSWIRE) — PrairieSky will release its Q1 2025 results on Monday, April 14, 2025 after markets close. The news release detailing PrairieSkys Q1 2025 results will provide operating and financial information.

Royalty 59

Royalty Management Operator IT 59

The Energy Law

FEBRUARY 22, 2024

Jan 12, 2024) concerns how three related provisions in an oil and gas lease interact: (1) a royalty clause; (2) a free-use clause; and (3) an off-lease clause. When parties to an oil and gas lease reserve royalties, they stipulate where those royalties are to be valued—sometimes referred to as the “valuation point”—in the royalty clause.

Royalty 52

Royalty Gas Oil E&A 52

The Energy Law

SEPTEMBER 17, 2009

by Elisabeth Lorio Baer Interior Secretary Ken Salazar informed Congress on September 17, 2009 that he would kill a controversial program, currently in effect, that allows energy companies to pay the government royalties for drilling on public lands in actual oil and gas in lieu of cash. For the full story, see [link]

Royalty 40

Royalty American Petroleum Institute Government Management 40

BOE Report

MARCH 28, 2025

Upstream oil companies ramped up hiring in February, the Texas Independent Producers and Royalty Owners Association (TIPRO) said on Friday, marking the second straight month of growth.

Upstream 87

Upstream Oil Royalty Gas 87