What are the potential liabilities associated with co-development projects

May 15, 2013 ... As originally enacted in 1989, the Ohio Dormant Minerals Act constituted a “use it or lose it” statute: if the mineral-interest owners did not “ ... Mineral rights grant ownership of natural resources under a piece of land, such as oil, natural gas and precious metals. This bill modifies provisions relating to information provided on the Office of the Property 6 Rights Ombudsman's website about eminent domain and mineral ... Nebraska's dormant mineral statutes expressly require the record owner of a severed mineral interest to publicly exercise the right of ownership by performing ... Mar 15, 2017 ... As clearly disclaimed in the Colorado Contract to Buy and Sell Real Property, buying a property does not guarantee ownership of the minerals found below the ... The following guide is designed to help you gain a basic understanding of what options are available to you as an owner. The disclosure statement shall provide the owner with the option to indicate whether the owner has actual knowledge of the specified characteristics or ... There are many online resources regarding mineral rights and options for property owners. The following government resources may also be helpful. In exchange for the right to develop oil and natural gas resources, companies make royalty payments to provincial governments. Royalties are calculated by ... Dec 13, 2024 ... Mineral rights represent ownership interest in natural resources such as coal, oil, or natural gas, which normally are extracted from the ground.