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Wednesday, April 11, 2012

Another Scam In The Oil Patch?

Updates

April 12, 2012: I cannot post some comments regarding possible scams in the Bakken.

Original Post
Verbatim, as sent to me:
Just to inform you of a new scam that you could pass on.

We have been contacted by two different land people this week. The offer they have is to buy your royalty on your acres for 30 years. They claim no taxes (capital gains) which is not true. They just want acreage with one (1) well after decline. They request to see your royalty payment to make their bid. I hope they are not successful at this because as you know there will be many more. I also fear that the wording will take unsuspecting people's minerals forever.
I did not get any additional information.

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