Unclaimed Property Law: What Oil and Gas Cos. Should Know

Litigation attorney Elissa McClure co-authored an article featured on Law360 discussing the surge in state enforcement of unclaimed property laws targeting the oil and gas industry as a result of fracking initiatives and lost mineral rights owners. The article highlights the complex compliance obligations for oil and gas firms navigating unique provisions around mineral rights payments. It also emphasizes the need for robust compliance programs and experienced legal counsel given the prevalence of audits and evolving regulations that can result in multimillion-dollar liabilities.

READ: Unclaimed Property Law: What Oil and Gas Cos. Should Know