Arkansas- Oil & Gas

摘要

Arkansas Court of Appeals Ruling Confirms Common Law Principle that Possession of One Cotenant Is Not Adverse to Other Cotenants SEECO, Inc. v. Holden, 2015 Ark. App. 555, 2015 WL 5853340, involved an ownership dispute between two owners, one of whom owned the surface as well as a one-half mineral interest in the subject land, while the other was the descendant of a previous owner who sold the land to the surface owner's predecessor in 1912, reserving a one-half mineral interest. The surface owner claimed title to the other one-half interest, as well, by virtue of a tax deed resulting from a purported 1958 forfeiture of the severed one-half interest.