Payments via check and electronic funds transfer are issued by the last day of the month. Absent a lease agreement to the contrary, Mitsui E&P USA LLC issues payment to a royalty interest owner once the owner’s proceeds from all wells for which Mitsui E&P USA LLC must pay the royalty interest owner accumulates to fifty dollars ($50) or at year-end, whichever occurs first.
If your check has been lost and not found within thirty (30) days of issuance, please email ownerrelations@mitsui-ep.com or send a letter via mail to 1300 Post Oak Blvd, Suite 1800, Houston, TX 77056. Include the name, address, and owner number of the current royalty interest owner to void and reissue the payment.
The decimal interest on your Division Order issued by Mitsui E&P USA LLC only sets forth our share of your total unit interest. Our share of your total unit interest is based on our contractual agreement(s) with the working interest owner(s).
Yes, you may send in your executed division order via email attachment to ownerrelations@mitsui-ep.com or fax to (713) 634-2951.