6
Smoking gun! This tells the whole story. If it is true, ZZK Midstream has underpaid royalty owners. More than 8 years! This is dangerous information. Incident in Istanbul: The Secret Files & the Case of the Underpaid Royalties

Incident in Istanbul: The Secret Files & the Case of the Underpaid Royalties

Embed Size (px)

Citation preview

Smoking gun! This tells the whole story. If it is true, ZZK Midstream has underpaid royalty owners. More than 8 years! This is dangerous information.

Incident in Istanbul: The Secret Files & the Case of the Underpaid Royalties

I have a dilemma. What do I do with the information? I know it is just the beginning.

I am looking at the reports, and I know of at least 4 other companies that have been doing the same thing: deducting for processing costs. Not good!

It is all in what the lease says. What did the owner agree to? Working interest owners generally pay, not royalty owners. Double-dipping? I predict a class action lawsuit.

Here is list of information we need. We need to clear this up! Who paid what? When? Who was charged?

I am determined. I am getting to the bottom of this. If this report is true and royalty owners have been underpaid, they deserve justice. I am on it!