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re: Tuscaloosa Marine Shale - Mineral Rights

Posted on 7/7/14 at 10:30 am to
Posted by VetteGuy
Member since Feb 2008
28105 posts
Posted on 7/7/14 at 10:30 am to
While you're at it, get him to tell us how he retired at 55.
Posted by Ole Geauxt
KnowLa.
Member since Dec 2007
50880 posts
Posted on 7/7/14 at 10:36 am to
quote:

tell us how he retired at 55.

maybe from one of the earlier wells elsewhere, that he did own m/r's and was leased up?
Posted by TexasTiger1984
Houston
Member since Sep 2009
1375 posts
Posted on 7/7/14 at 10:59 am to
quote:

tell us how he retired at 55


He was in the mobile home finance business for 30+ years. Just happened to get lucky with the timing of it b/c it was big business for a while...now, not so much!
Posted by VetteGuy
Member since Feb 2008
28105 posts
Posted on 7/7/14 at 11:02 am to


I expect he made a lot of his own "luck".

Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38727 posts
Posted on 7/7/14 at 11:22 am to
quote:

Mineral Rights
quote:

150 acres in Amite County, MS just outside of Liberty, Ms
quote:

We've had it for about 15 yrs


I doubt you own your mineral rights.
Posted by TexasTiger1984
Houston
Member since Sep 2009
1375 posts
Posted on 7/7/14 at 11:23 am to
quote:

I doubt you own your mineral rights.


What makes you say that?
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38727 posts
Posted on 7/7/14 at 11:28 am to
Because most of them were purchased/swindled from poor farmers in MS in the early to mid 1900's. Unlike LA, mineral reservations are for life in MS. To own mineral rights, you really need to have family land passed down from the early 1900's that no one ever leased or sold the mineral rights.

If you really want to find out, go pull the deed at the clerks office. Then run the name of the guy who sold it to your dad. Then look at that deed and run the name of the guy who sold it to him. All the while reading each document to see if minerals were ever reserved. and so on and so on, until you get way back near the beginning of record keeping in your county.
Posted by Ole Geauxt
KnowLa.
Member since Dec 2007
50880 posts
Posted on 7/7/14 at 11:40 am to
that's what I would have told his father,, or go in the clerk of courts office, pick out the fattest, nicest, neediest, smilingest, lady in there and buy her lunch.

tc, fellow land man? last stuff I did, micro fish was just coming out.
Posted by TexasTiger1984
Houston
Member since Sep 2009
1375 posts
Posted on 7/7/14 at 11:45 am to
Gotcha, thanks for the info!
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38727 posts
Posted on 7/7/14 at 1:23 pm to
quote:

fellow land man?


I work for a seismic permit crew, and geotech/map in off time currently. I've done some leasing and curative title work in the past. I've also worked as an abstractor for title insurance companies doing commercial and residential real estate sales.

During duck season, I don't do much at all.
Posted by Ole Geauxt
KnowLa.
Member since Dec 2007
50880 posts
Posted on 7/7/14 at 2:02 pm to
know a missahippy Tate feller?
This post was edited on 7/7/14 at 2:05 pm
Posted by UpToPar
Baton Rouge
Member since Sep 2008
22151 posts
Posted on 7/7/14 at 2:44 pm to
quote:

Directional drilling; they getting y'all shite for free!!!


That's not how directional drilling works.
Posted by TigerDeacon
West Monroe, LA
Member since Sep 2003
29273 posts
Posted on 7/7/14 at 2:58 pm to
quote:

pick out the fattest, nicest, neediest, smilingest, lady in there and buy her lunch.


And now we know Ole Geauxt's dating ritual.
Posted by Ole Geauxt
KnowLa.
Member since Dec 2007
50880 posts
Posted on 7/7/14 at 3:13 pm to
quote:

And now we know Ole Geauxt's dating ritual.

not dating, but I have to admit, when mr arco or mr getty or whomever, was in a hurry,, I might have resorted to buying a few dozensestersts lunches,, you know, just to get ahead.
Posted by TigerDeacon
West Monroe, LA
Member since Sep 2003
29273 posts
Posted on 7/7/14 at 3:54 pm to
Whatever you have to tell yourself!
Posted by Ole Geauxt
KnowLa.
Member since Dec 2007
50880 posts
Posted on 7/7/14 at 4:01 pm to
I need to teach J some of my old techniques. Will make him "faster on the micro fish"..

actually, I preferred the conv. books, my fangers and eyes, used to be fast.
Posted by TigerDeacon
West Monroe, LA
Member since Sep 2003
29273 posts
Posted on 7/7/14 at 4:03 pm to
Go to Winn Parish. Will cure you of the desire to ever go back through the direct and indirect indexes.
Posted by pdubya76
Sw Ms
Member since Mar 2012
5974 posts
Posted on 7/7/14 at 4:17 pm to
It would likely have something in the Warranty Deed.I own 90 acres and I know that I own the mineral/income rights on 75 of it.The other is owned by family members that owned the property years ago and will pass it along to their heirs I'm sure.Tell your dad to check his deed and see if it mentions it.

He would have likely been contacted already if he had them and was in an area of interest.
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
43700 posts
Posted on 7/7/14 at 4:27 pm to
If there is a hunting invite in it, i can help you out. (LOL) Big deer there
Posted by TexasTiger1984
Houston
Member since Sep 2009
1375 posts
Posted on 7/7/14 at 4:34 pm to
Nah, we ain't got no deer out there
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