[TheForge] So, what are you working on? OT:

ries ries at riesniemi.com
Wed Feb 16 12:35:20 EST 2011


I used to own a house and a studio in Los Angeles- and It was  very specific in the deeds to both that I did not own any mineral rights. 
The entire LA basin is a huge oil field, and NOBODY owns their mineral rights.
The oil companies bought most of it by the 20's.
They slant drill, though, they dont come and drill in your yard.
About six blocks down Pico Blvd from my place was a 6 story building with no windows and no roof- it was simply a fence around the drill rig, which slant drilled about 2 or 3 miles in every direction.
LA is scattered with these disguised drill rigs, and then they build little shacks around the pump jacks.

ries



On Feb 16, 2011, at 8:50 AM, Chuck Robinson wrote:

A lot of land down in MS and LA was, and still is, sold with surface 
rights only. Th mineral and sub surface rights are still owned by the 
original land owners.
If a company negotiates with the owner of these rights, they can come on 
your property and explore and extract  at will.
They can drill through the middle of your house if they want to.
Their only obligation is to reimburse you for the damage to your 
property. You get no payment for the extracted material.
These laws were passed by corrupt politicians many years ago and never 
have been reversed. Check out Judge


     /Leander Perez/
     <http://www.cnam.com/more_info/earth3.html><http://www.cnam.com/more_info/earth3.html>


Chuck

On 2/16/2011 7:30 AM, Andrew Vida wrote:
> Last I heard we still  hold something remotely resembling private
> property rights.  That means Jerry sets the terms, not the douches from
> the gas company.
> 
> peter fels wrote:
>> How bout if they get to bid on the amount?
>> On Feb 15, 2011, at 4:03 PM, Andrew Vida wrote:
>> 
>>> The rate.  You forgot the rate.
>>> 
>>> $250K/min.  No money, no talk.
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Ries Niemi
Industrial Artist
http://www.riesniemi.com/







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