April 2011
30th April 2011
Oil Rises on the Weakening Dollar
Oil prices rose above $113 a barrel Thursday April 28, 2011 in Asia to the highest since 2008 as a weakening U.S. dollar made commodities such as crude cheaper for investors with other currencies.
Benchmark crude for June delivery was up 51 cents at $113.27 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. Crude reached $113.70 earlier in the session, the highest since September 2008.
The contract rose 55 cents to settle at $112.76 on Wednesday. Read more »
5th April 2011
Mineral Rights Information
Minerals rights in an oil and gas lease differ from surface rights. A landowner may own the surface land but not the mineral rights of that land. The owner of the land should check on whether he/she has ownership of mineral rights or title on the land.
One of the places to check on real ownership is through an independent landman or a bank. The landowner can also use an abstract company. Whoever is the one contacted to perform a mineral title is then empowered to obtain an ownership report or mineral takeoff. Read more »
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