Change of Ownership
Listed below are some of the more common situations resulting in either change of ownership or change to the owner status.
|SITUATION||A COPY OF THE FOLLOWING DOCUMENTATION IS REQUIRED|
|Name Changes||When an individual’s name changes because of marriage, divorce, etc. please furnish a copy of the marriage certificate, death certificate, or other document effecting the name change.When a company has a name change, Whiting requires a recorded copy of the Certificate of Name Change. If the change is due to a merger, please furnish a recorded copy of the Certificate of Merger.|
|Ownership Change Due to Divorce||Whiting will require a copy of the divorce decree and copies of the conveyances recorded in the county where the minerals or land are held.|
|Guardianships||If an owner is declared incompetent please furnish Letters of Guardianship issued by the local court.When a minor reaches legal age we need is a copy of the minor’s birth certificate.|
|Sale of Interest||Whiting’s policy prevents the transfer of payments without a copy of the recorded deed, conveyance or assignment.|
|Bankruptcy||Whiting will need copies of the court order appointing the Trustee, if appropriate, the appropriate recorded conveyances and the court order confirming any sales.|
|When an Owner Dies||When an owner dies without a will, Furnish as many of the following documents:
When an owner dies with a will which has been admitted to probate proceedings in the same state where the producing property is located, furnish as many of the following documents as possible:
When the owner dies with a will which has been admitted to probate proceedings in a state other than that where the producing property is located – have the above documents recorded in the state where the producing property is located and furnish Whiting with recorded copies.
In some states Ancillary Probate Proceedings are required in the state where the producing property is located.
|Termination of Joint Tenancy Upon Death||Whiting will need a copy of the Death Certificate. Please furnish the new social security or tax identification number for the joint tenant.|
|Life Tenant Dies||When an owner of a life estate dies, Whiting will need a copy of the Death Certificate and the names, addresses and Social Security numbers of the persons who own the remainder and who succeed to the interest.In some situations, Whiting will need further information including the documents that created the life tenancy and named successors.|
|Change of Address||You can email your old address, new address, full name, owner number, and last four of your social to DivisionOrder.Inquiries@whiting2.o2dev.netMail a copy to:Whiting Petroleum Corporation and its wholly owned subsidiary
Whiting Oil and Gas Corporation