Typically, no. A division order is critical for payment processing. It’s like needing a ticket to enter the movie theater—without it, you won’t get in.
If you don’t sign, you might miss out on your share of the payments. Think of it like refusing to sign for a package—you just won't get it.
You can usually contact the oil company directly to provide any changes like a new address or name. Just like updating your contact info—keep things current.
If you have concerns, it's best to talk to the oil company or seek legal advice. Don’t keep it bottled up—speak up and find the right path.
If you own mineral rights or have a lease on the property, you may be entitled to payments. It's like having a ticket to a concert—you need the ticket to get in and enjoy the show.
A division order is a legal document that tells oil and gas companies how to divide the revenue from mineral rights. It's like a recipe that shows who gets what share.