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Mineral LawThe newsletter of the ISBA’s Section on Mineral Law

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Newsletter articles from 2011

Comment from the editor By Craig R. Hedin December 2011 An introduction to the issue from Editor Craig Hedin.
From the Editor By Jason M. Barnhart February 2011 An introduction to the issue from Editor Jason Barnhart.
ICG Natural Resources v. BPI Energy, 399 Ill. App. 3d 554 (5th District 2010) By Jason M. Barnhart February 2011 Should royalty leases, also known as “pay if you mine leases,” remain void ab initio given today’s markets and technology? A look at ICG Natural Resources v. BPI Energy.
Interesting stats from Illinois Department of Natural Resources, Office of Mines and Minerals, Division of Oil and Gas Web site By Jason M. Barnhart February 2011 Check out how Illinois' oil production is faring.
Leasing activity in southern Illinois By Brad Richards December 2011 If activity in Illinois follows a similar pattern to other basins, some drilling for the purpose of data collection can be expected to occur relatively soon—perhaps before the end of the year.
Recent oil and gas rule changes By Craig R. Hedin September 2011 A summary of some of the rule changes enacted by the Illinois Department of Natural Resources, Office of Mines and Minerals, that went into effect earlier this summer.
Tax deeds void as to proceeds of oil produced prior to issuance of tax deed By Curt Lackey September 2011 Oil buyers should not pay out oil proceeds generated prior to the issuance of Tax Deeds purporting to cover impounded proceeds. Those proceeds belong to the owner of the property sold for taxes up to the date of the issuance and recording of the Tax Deed. If that owner cannot be found, then those proceeds must be handled as unclaimed property and reported to and sent to the Illinois State Treasurer in accordance with the Unclaimed Property Statute.