Tag: North Dakota
-
Friday Mail Bag: "Hey Daily, What is an Ancillary Probate?"
I am frequently asked to assist families with ancillary probates in oil and gas producing states such as Arkansas, Oklahoma, Wyoming and North Dakota. Wills, trusts and probate law can be complex enough when an executor only has to manage assets in one state. Managing assets in multiple states can be a very onerous task.…
-
FAQ: What Are The “Title Standards” And Why Are They Important?
The Standards for Examination of Real Estate Titles in Arkansas, or “title standards” for short, have been published since 1995, with the most recent and fourth edition being published just this past week. Attorneys frequently rely on title standards when conducting title examination for their clients. Each state where I practice oil and gas law, including Arkansas,…
-
The Duhig Rule Explained (Mineral Reservations are Tricky)
Because natural gas exploration has increased in Arkansas in recent years, my clients are often negotiating land transactions where they convey the surface, but retain all or a portion of their mineral interests. One would think that it would be simple to reserve a fractional interest in minerals from the grant, but in truth, it…
-
What is a Mineral Title Opinion?
For the last ten years I have been a mineral title lawyer and have enjoyed rendering mineral title opinions for production companies who are exploring and producing in various areas of the country, including the Fayetteville Shale in Arkansas and Arkoma Basin in Western Arkansas and Eastern Oklahoma. This blog post contains portions of a paper…
-
After the Natural Gas Boom…
One of thedailylawblog‘s readers forwarded this New York Times Article, which contains a great discussion of the state of domestic natural gas shale development during record low gas prices. The article tells the story about how the gas market affects natural gas producers. For the visual learners, these charts depict the story perfectly. Essentially, gas prices…
-
Oil & Grease in the News
Be Kind to the Average Joe or Joyce. He or she could be a North Dakota Bakken oil tycoon. Here is a link to a Yahoo News article with some interesting statistics on the oil boom experienced in North Dakota’s Bakken Shale and how it has shaped the local economy. I’m sure there are stories…
-
Welcome!
Welcome to The Daily Law Blog. My name is C. Michael Daily, and I am a member of Daily & Woods, P.L.L.C. Daily & Woods is a general practice law firm and members of our firm are licensed to practice and can represent clients in Arkansas, Oklahoma, Wyoming, and North Dakota. Please visit the firm’s website to…