OWNER CONTACT INFORMATION

For Inquiries concerning Division Orders or revenue payments, please feel free to utilize our phone inquiry line, mailing address, or email address below.

Phone Inquiry Line: 830-879-5300
NOTE: Please have your owner number available before calling and give us 24 hours to return your phone call.

Mailing Address:
P.O. Box 36
Cotulla, Texas 78014

Email:
neal@localhost

NOTE: Please include your Owner Number in the subject line of the email.

ROYALTY CHECK INFORMATION

Our royalty checks are mailed on the 20th of each month unless it falls on a weekend or holiday, in which case they are mailed the following first business day.  If you have not received your royalty check within 10 business days of the mailing date, please call us at the number listed above.

DIRECT DEPOSIT

Direct deposit is not available at this time.  You will be notified by mail when it is available.

PRODUCTION OF OIL & GAS WELLS

For Oil/Gas monthly production numbers please go to the Texas Railroad Commission website at: www.rrc.state.tx.us.  Due to time restraints we cannot provide this information to our royalty owners.

OWNERSHIP CHANGES

Below is a list of some common situations resulting in change of ownership or change in the owner status. The information below describes the documentation required to effect the changes in our records. There may be special circumstances or requirements in some situations; but this is a basic list showing the standard requirements. Caribbean Energy LLC reserves the right to make special requirements if deemed necessary.

All changes must be submitted in writing and mailed to:

P.O. Box 36
Cotulla, Texas 78014

Situation

A copy of the following documentation is required

Name Change:

Marriage Certificate, divorce decree or other recorded legal documentation evidencing the change

Sale of an Interest:

Legal Instrument documenting the sale, filed in the county in which the property is located

Ownership Change due to Divorce Interest:

Complete Divorce Decree including Settlement Agreement or recorded legal instrument documenting the conveyance, filed in the county in which the property is located

Trusts/Partnerships

A copy of the following documentation is required

Ownership by Trusts/Partnerships:

Trust or Partnership Agreement and the recorded document conveying the interest in property to the Trust/Partnership

Distribution from Trusts/Partnerships:

Dissolution of Trust or Partnership, if applicable, and recorded conveyances to the beneficiaries

Changes in Trustees:

Trust Agreement and Instrument appointing successor Trustee

Joint Tenancy and One Dies:

Certified copy of Death Certificate of Joint Tenant

Life Estate Owner Dies:

Certified copy of Death Certificate of Life Estate owner

Estate Proceedings

A copy of the following documentation is required

Owner died with a Will (testate) Probate proceedings conducted:

• Certified copy of Death Certificate
• Order Admitting Will to Probate (recorded)
• Letters Testamentary
• Last Will and Testament (recorded)
• Evidence of payment of debts and taxes

NOTE: A Certified copy of Probate must be filed for record in
the county(ies) where the subject property is located.

Owner died without a Will (intestate) (Laws of Descent and Distribution will apply):

• Certified copy of Death Certificate Affidavit of Heirship (recorded)
• (Affidavit must explain whether any debts or taxes were owed by the Decedent)

Bankruptcies

A copy of the following documentation is required

Chapter 11:

• Plan of Reorganization
• Order Confirming the Plan of Reorganization

Chapter 7:

• Order Naming Trustee of Bankruptcy Estate
• Recorded conveyance (as appropriate)

• All Payees are required to provide SSN (social security number) or Tax ID number; otherwise Federal Law requries us to withhold

• All documents effecting changes in ownership MUST BE filed of record in the county where the property is located.