A New Orleans law firm has launched http://www.Mineralroyaltiesfraud.com, a website designed to help property owners protect themselves from mineral royalties fraud.
Stuart Smith, of Smith Stagg LLC, said there are increasing complaints from property owners that oil and gas companies are underpaying for the amount of oil or gas extracted or drilling beneath their property from a nearby rig without obtaining the rights to do so.
“There are stories about mineral royalties fraud almost every day,” Smith said in a news release. “With all the well-deserved publicity that America’s frackapalooza has brought to unsafe environmental practices that poisoned the water or fouled the air, mineral royalties fraud shouldn’t be ignored as a concurrent story. Making sure energy giants pay their fair share and follow the law requires constant monitoring.”