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Thursday, May 22, 2008

mineral rights

I don't normally talk about my business here on Ligonier Living. In case you don't know, I'm a title insurance agent and the general manager of The Closing Specialists on West Main Street.

I've been hearing reports from all counties that the courthouses are full of people searching mineral rights. I had an employee in Clearfield County the other day - which is normally a quiet courthouse - and they were packed.

With oil prices where they are, there's a bit of a bonanza or gold rush kinda feel to the momentum of these searching groups. I don't know what it will mean to you or to me but if you have property that may have mineral rights issues, you may wish to consult with one of the local attorneys in town to see if you should be concerned or perhaps have an opportunity for reward.


liggy girl said...

ah Diane could you tell me more about this topic? This is something we were dealing with last year on some personal land.

Unknown said...

Well, I don't think I can say more here. I just thought it might be of interest to folks that all hell has broken out in the mineral rights search business and what that means I don't know. That's why I'm suggesting that anyone who thinks they may either have rights and want to know if they have value or perhaps some might be concerned about drilling on their land - they should talk with their attorney.

Anonymous said...

This is a pretty big thing right now. Oil and gas are very valuable and mining/energy companies are looking for those who could lease their mineral rights. Of course, the mineral rights owner will also be able to get a profit out of it.