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Lawmakers ask LSO to draft dormant-minerals bill after industry, landowners raise title and tractability problems
Summary
The committee agreed to ask Legislative Service Office to draft a bill modeled on North Dakota's dormant-minerals process after industry and landowner representatives described a growing problem of severed, fractional mineral interests that are costly to trace and often economically impractical to claim.
Committee members directed the Legislative Service Office to draft a bill modeled on North Dakota’s dormant-minerals statute after testimony from mining industry representatives, the petroleum association and county- and farm-industry advocates.
Industry witnesses said generations-old severances of surface and mineral estates often result in many heirs holding tiny fractional mineral interests that are uneconomic to develop or to…
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