How Important Is The Royalty Owner To Your Companys Profit

The purpose of this paper is to discuss and emphasize the importance of the royalty owner to the oil industry and the direct effect which unfavorable owner relations has on your company's profit. This paper will be divided into six principle parts: (1) Introduction; (2) The importance of the royalty owner; (3) The landman's role in royalty owner relations; (4) The royalty owner's role as the company's constituent; (5) Ways of preventing adverse relations with royalty owners; (6) Summary.