Does the disclosure of company information affect me?
Yes. Due to the proprietary nature of the information, LME may not always be able to respond to certain questions you may have regarding…
FAQ Category: General Questions
What is an extension payment?
There may be a clause in your lease that gives LME the right to extend the primary term of your lease by making a…
When will you issue my obligation payment?
LME issues obligation payments in accordance with the terms of your lease agreement. Please refer to that document to determine when you should expect…
Why would LME suspend royalty payments?
LME may suspend payments due to a notice of death, transfer of ownership, unknown or incorrect address, or a title dispute. We do this…
Will you reissue a check if I don’t deposit it within the deadline; or if it is lost, stolen, or damaged?
Yes. If it is past the deadline or damaged, please call the LME number and arrange to return the check so that we can…
Why haven’t I received my revenue check?
The most common reason is that your account revenues fall below the minimum suspense level. This amount can vary from landowner to landowner and…
Why do I need to provide LME with my Social Security Number or Taxpayer Identification Number?
The Internal Revenue Service (IRS) requires LME to acquire a social security number or tax identification number from all Payees. Failure to supply your…
What is my Owner ID Number and where can I find it?
The Owner ID, or AB Number, is a unique account number that allows LME to know specifically which landowner we are working with. You…
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