July 31 Slide Show.pdf - Oil and Gas Interests Conveyance Instruments 1 Oil and Gas Lease Lessor Lessee 2 Mineral Deed Grantor Grantee 3 Last Will and

July 31 Slide Show.pdf - Oil and Gas Interests Conveyance...

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Oil and Gas Interests
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Conveyance Instruments 1. Oil and Gas Lease * Lessor Lessee 2. Mineral Deed * Grantor Grantee 3. Last Will and Testament * Deceased Beneficiaries
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Fractional Interests Multiple owners over time * Original owner had 4 children - Each child gets 1/4th interest * Each child had 4 children - Each grandchild gets 1/16th interest _________________________________ * 16+ owners per tract of land
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