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Old 10-21-2005, 23:01   #1 (permalink)
Rich
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Well. one good thing about the oil "boom"

Some dirt-poor farmers in Manitoba, Canada discovered
oil (a large deposit) under their property. So now they're
wealthy. A nice story. Would be nicer still if Canada's
LIBERAL leftist government let the keep more than 15%,
which is all you get for mineral rights on your land.
-Rich
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Old 10-22-2005, 01:01   #2 (permalink)
Spike
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Re: Well. one good thing about the oil "boom"

On Sat, 22 Oct 2005 01:46:43 -0400, Rich <none@none.com> wrote:

>Some dirt-poor farmers in Manitoba, Canada discovered
>oil (a large deposit) under their property. So now they're
>wealthy. A nice story. Would be nicer still if Canada's
>LIBERAL leftist government let the keep more than 15%,
>which is all you get for mineral rights on your land.
>-Rich

Isn't that old news? Seems there was a tv show and a movie.... Oh,
wait, that was the Beverly Hillbillies..... Something about shootin'
up some food when up through the ground came abublin' crude...
So, now we get the Canadian version... Where will they move to?
Vancouver? : 0 ) I think we can rule out Halifax.
Spike
1965 Ford Mustang Fastback 2+2, Vintage Burgundy
w/Black Std Interior, A Code 289 C4 Trac-Lok;
Vintage 40 16" rims w/225/50ZR16 KDWS BF Goodrich
gForce Radial T/As, Cobra drop; surround sound
audio-video...
See my ride at....
Feb 2004- http://207.36.208.198/albums/86810/003_May_21_3004.jpg
Feb 2004- http://207.36.208.198/albums/86810/005_May_21_2004.jpg
Jul 2005- http://207.36.208.198/albums/86810/d..._11_05_002.jpg
Jul 2005- http://207.36.208.198/albums/86810/E...ebuild_006.jpg
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Old 10-22-2005, 01:01   #3 (permalink)
Jim Warman
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Re: Well. one good thing about the oil "boom"

Yup... all them Alberta farmers are just as pleased as piss that they have
oil wells drilled in their land. I know of a couple that even splurged and
bought new bib-overalls with all that revenue pouring in.

Nothing quite like living next to the potential of a blow-out. Nothing like
a leak in a sour gas field to separate the men from the bodies(oops, I meant
boys).

Speaking of Liberal governments... being a Hogtown boy, how'd you vote in
the last federal??? While many don't like him, King Ralph woulda set us
right. Must piss you off that Alberta has no sales tax, gives energy rebates
AND doesn't run a defecit budget....

Paul Martin is just keeping up the status quo set by that little guy from
Shawinegan...


"Rich" <none@none.com> wrote in message
news:aekjl1l112c7f5qibdv6j7qshosmgje02d@4ax.com...
> Some dirt-poor farmers in Manitoba, Canada discovered
> oil (a large deposit) under their property. So now they're
> wealthy. A nice story. Would be nicer still if Canada's
> LIBERAL leftist government let the keep more than 15%,
> which is all you get for mineral rights on your land.
> -Rich



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Old 10-22-2005, 07:01   #4 (permalink)
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Re: Well. one good thing about the oil "boom"


"Rich" <none@none.com> wrote in message
news:aekjl1l112c7f5qibdv6j7qshosmgje02d@4ax.com...
> Some dirt-poor farmers in Manitoba, Canada discovered
> oil (a large deposit) under their property. So now they're
> wealthy. A nice story. Would be nicer still if Canada's
> LIBERAL leftist government let the keep more than 15%,
> which is all you get for mineral rights on your land.
> -Rich


Many of the nations of the world consider subsurface minerals as national
resources, not private possessions. The USA is one of the few lands where
individuals become rich from ore and oil deposits.


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Old 10-22-2005, 14:01   #5 (permalink)
Spike
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Re: Well. one good thing about the oil "boom"

On Sat, 22 Oct 2005 13:00:55 GMT, <HLS@nospam.nix> wrote:

>
>"Rich" <none@none.com> wrote in message
>news:aekjl1l112c7f5qibdv6j7qshosmgje02d@4ax.com...
>> Some dirt-poor farmers in Manitoba, Canada discovered
>> oil (a large deposit) under their property. So now they're
>> wealthy. A nice story. Would be nicer still if Canada's
>> LIBERAL leftist government let the keep more than 15%,
>> which is all you get for mineral rights on your land.
>> -Rich

>
>Many of the nations of the world consider subsurface minerals as national
>resources, not private possessions. The USA is one of the few lands where
>individuals become rich from ore and oil deposits.
>

Japan, a landowner owns the property and down 1 foot.... and land was
going for approximately $1,000 per cubic foot in the outlying areas.
Spike
1965 Ford Mustang Fastback 2+2, Vintage Burgundy
w/Black Std Interior, A Code 289 C4 Trac-Lok;
Vintage 40 16" rims w/225/50ZR16 KDWS BF Goodrich
gForce Radial T/As, Cobra drop; surround sound
audio-video...
See my ride at....
Feb 2004- http://207.36.208.198/albums/86810/003_May_21_3004.jpg
Feb 2004- http://207.36.208.198/albums/86810/005_May_21_2004.jpg
Jul 2005- http://207.36.208.198/albums/86810/d..._11_05_002.jpg
Jul 2005- http://207.36.208.198/albums/86810/E...ebuild_006.jpg
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Old 10-22-2005, 17:01   #6 (permalink)
Jim Warman
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Re: Well. one good thing about the oil "boom"

Same sort of thing for Canada... While I own my land, I do not own any
resources it may harbour. Where Rich get's his info, I don't know but, if he
owns any land, he should be aware of the statement in the property deed
regarding the exclusion of oil and minerals. The farmers that I know have to
allow right of way on to oilfield leases. They are paid rent on the lease
itself based on fair market value... if there is a permanent road to the
lease, they are also paid rent on that land. If the land all the way around
the lease and the producer needs to get onto the lease.... the farmer and
the producer get to argue about cash value lost for any crops destroyed.





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Old 10-22-2005, 17:01   #7 (permalink)
Rich
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Re: Well. one good thing about the oil "boom"

On Sat, 22 Oct 2005 22:30:46 GMT, "Jim Warman"
<mechanic@tenalpsulet.net> wrote:

>Same sort of thing for Canada... While I own my land, I do not own any
>resources it may harbour. Where Rich get's his info, I don't know but, if he
>owns any land, he should be aware of the statement in the property deed
>regarding the exclusion of oil and minerals. The farmers that I know have to
>allow right of way on to oilfield leases. They are paid rent on the lease
>itself based on fair market value... if there is a permanent road to the
>lease, they are also paid rent on that land. If the land all the way around
>the lease and the producer needs to get onto the lease.... the farmer and
>the producer get to argue about cash value lost for any crops destroyed.
>
>
>


The farmer in this case secured the mineral rights.
-Rich
>

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Old 10-22-2005, 17:01   #8 (permalink)
Jim Warman
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Posts: n/a
Re: Well. one good thing about the oil "boom"

But it appears that there is more than one... "Some dirt-poor farmers in
Manitoba" is a cut and paste from your original post...

Your original post left several impressions... . and is now metamorphising..


"Rich" <none@none.com> wrote in message
news:jpill1thojavjll1f1nc61jrt56mce1bdn@4ax.com...
> On Sat, 22 Oct 2005 22:30:46 GMT, "Jim Warman"
> <mechanic@tenalpsulet.net> wrote:
>
> >Same sort of thing for Canada... While I own my land, I do not own any
> >resources it may harbour. Where Rich get's his info, I don't know but, if

he
> >owns any land, he should be aware of the statement in the property deed
> >regarding the exclusion of oil and minerals. The farmers that I know have

to
> >allow right of way on to oilfield leases. They are paid rent on the lease
> >itself based on fair market value... if there is a permanent road to the
> >lease, they are also paid rent on that land. If the land all the way

around
> >the lease and the producer needs to get onto the lease.... the farmer and
> >the producer get to argue about cash value lost for any crops destroyed.
> >
> >
> >

>
> The farmer in this case secured the mineral rights.
> -Rich
> >



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Old 10-22-2005, 18:01   #9 (permalink)
Spike
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Posts: n/a
Re: Well. one good thing about the oil "boom"

On Sat, 22 Oct 2005 22:30:46 GMT, "Jim Warman"
<mechanic@tenalpsulet.net> wrote:

>Same sort of thing for Canada... While I own my land, I do not own any
>resources it may harbour. Where Rich get's his info, I don't know but, if he
>owns any land, he should be aware of the statement in the property deed
>regarding the exclusion of oil and minerals. The farmers that I know have to
>allow right of way on to oilfield leases. They are paid rent on the lease
>itself based on fair market value... if there is a permanent road to the
>lease, they are also paid rent on that land. If the land all the way around
>the lease and the producer needs to get onto the lease.... the farmer and
>the producer get to argue about cash value lost for any crops destroyed.
>
>
>
>

My property here in California has an exclusion for mineral rights. I
own the property but NOT the mineral rights. Technically, someone
could tunnel beneath me, and extract any minerals until my home fell
into a sinkhole. They can't come on the property though. And then
there are things like setbacks. It's my property but... I can't plant
a tree within X number of feet from the street because the city/county
and utilities companies have rights to that zone. There are so many of
those limitations it's a question of what I can do or not do. I even
have to go to the utilities to get permission to dig down more than a
foot or maybe 18" so I don't hit a power, gas, water, sewer, or
whatever line. But they can enter anytime to work on their stuff. And
nowwwwww, the new "eminent domain" law is in place. Before they could
take my place for a highway or similar. Now they can take it and give
it to a business. There's a guy in Texas, along with his neighbors who
are losing theirs for a new stadium.

It pays to read the deed and title, as well as keep a close eye on any
new laws and ordinances which get passed.
Spike
1965 Ford Mustang Fastback 2+2, Vintage Burgundy
w/Black Std Interior, A Code 289 C4 Trac-Lok;
Vintage 40 16" rims w/225/50ZR16 KDWS BF Goodrich
gForce Radial T/As, Cobra drop; surround sound
audio-video...
See my ride at....
Feb 2004- http://207.36.208.198/albums/86810/003_May_21_3004.jpg
Feb 2004- http://207.36.208.198/albums/86810/005_May_21_2004.jpg
Jul 2005- http://207.36.208.198/albums/86810/d..._11_05_002.jpg
Jul 2005- http://207.36.208.198/albums/86810/E...ebuild_006.jpg
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