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Justin Craig Rammell

Justin Rammell’s Answers

1 total

  • Existing Old Gas Lease

    My wife owns acreage with a very old (1910 ! ) gas lease on it which was never updated or re-signed She gets a pittance ( $7.00 per quarter! ) on the lease.... is there a way to challenge this lease? Is there a time limitation on since the lease i...

    Justin’s Answer

    This issue can only be resolved by a careful reading of the lease. It may be possible to terminate the lease or at least segregate the acreage associated with the well so that your remaining acreage can be re-leased. I would suggest consulting with an oil and gas attorney licensed in your home state.

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