Does Lease to Drill for Natural Gas Qualify as Title Transaction under Dormant Mineral Act?
Chesapeake Exploration, L.L.C., et al. v. Kenneth Buell et al., Case no. 2014-0067
U.S. District Court for the Southern District of Ohio, Eastern Division
Is a recorded lease of the mineral rights beneath a property a title transaction under the Ohio Dormant Mineral Act (ODMA)?
Is the expiration of the recorded lease and the reversion of the mineral rights under the lease a title transaction that restarts the 20-year clock for calculating forfeiture of the mineral rights under the ODMA?