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Ownership Changes

Walter distributes oil and gas revenue to its royalty owners on a monthly basis. If you are a royalty owner that we make distribution to and have a change to your interest please refer to the list below for help.

Submit all requests in writing to:

Walter Exploration Company
Attn: Division orders
6116 N. Central Exp #313
Dallas, TX  75206

All payees are required to provide a social security, or tax identification number or Federal Law requires tax withholding.

All changes of ownership must be filed of record in the County/Parish where the property is located.

Walter Exploration can not provide conveyance document forms per the Laws of agency.  Please contact an attorney for assistance.

Address or Bank Change

Submit requested change writing with your signature

Name Changes

Personal Name changes

Marriage Certificate, Divorce Decree reinstating maiden name or other document affecting name change

Corporation Name changes

Certificate of Name Change including Tax ID

Company Merger name changes

Certificate of Merger including Tax ID

Divorce Ownership Change

Complete Divorce Decree including Settlement Agreement, recorded conveyances

Sale of an Interest

Conveyance instrument filed of record in the county/ parish in which the property is located.

Appointment of Attorney-In-Fact

Copy of Power of Attorney

Trusts and Partnerships

A created Trust or Partnership

Trust or Partnership Agreement and, if appropriate, recorded document conveying the interest in a property to a Trust or Partnership

A terminated Trust or Partnership

Dissolution of Trust or Partnership and, if appropriate, recorded conveyances to beneficiary

Changes in Trustee

Instrument defining the successor trustee

Joint Tenancy with one who dies

Death Certificate of Joint Tenant

Estate Proceedings

Owner died with a Will (testate) and probate proceedings are to be conducted in the state where the property is located

• Death Certificate
• Order Admitting Will to Probate
• Letters Testamentary
• Last Will and Testament
• Evidence debts and taxes have been paid
• Final Decree of Distribution or Judgment of Possession

Owner died with a Will (testate) and probate proceedings are to be conducted in a state other than the state where the property is located

• Death Certificate
• Last Will and Testament
• Letters Testamentary
• Order Admitting Will To Probate
• Final Decree of Distribution or Judgment of Possession
• Evidence debts and taxes have been paid
• Documentation of ancillary probate proceedings opened in all affected states or Affidavit of Heirship

Owner died without a Will (intestate) (Laws of Descent and Distribution will apply as relevant)

• Death Certificate
• Letters of Administration
• Affidavit of Heirship
• Evidence debts and taxes have been paid
• Life Tenant's Death Certificate
• Names and addresses of remainder men

Bankruptcy:

Chapter 7

Recorded conveyance
Order Naming Trustee of Bankruptcy Estate

Chapter 11

Plan of Reorganization
Order Confirming the Plan of Reorganization