What is a Division Order?
A Division Order is a document that lists a property owner’s decimal interest in a specific well.
How do I calculate my Decimal Interest?
The basic calculation for decimal interest is take the number of mineral acres you own in the unit, divide by the number of total acres in the unit, then multiply by the royalty rate in your lease.
(YOUR ACRES/TOTAL UNIT ACRES) X ROYALTY RATE = YOUR DECIMAL INTEREST
Please address correspondence to:
PennEnergy Resources, LLCAttn: Land Administration
1000 Commerce Drive, Suite 400
Pittsburgh, PA 15275