Frequently Asked Questions
Shreveport, LA 71101
Main Phone: (318) 227-8668 Main Fax: (318) 227-9012 Email: email@example.com
Please use the address change form below and mail or fax it to the attention of our Division Order Department. All address changes must be in writing and include your name, old address, new address, signature, daytime phone number, and social security number/tax payer identification number for verification.
Change of address form (PDF document)
Please provide a copy of a marriage certificate, divorce decree, or other court documents showing your name change. Please include your name, phone number, owner code, and social security number for verification. Mail or fax the change of address form to the attention of our Division Order Department.
Please send us a copy of the owner’s death certificate, probated will, and a copy of the probate instruments which have been recorded in the county/parish where the property is located. Please provide your name, phone number, owner code of the deceased, and social security number of the deceased. If additional information is needed, we will contact you. If the owner died without a will, or if the will has not been probated, please call our Land Department at (318) 227-8668.
Requests for change of ownership must be submitted in writing to our Division Order Department, along with a copy of the deed or instrument of conveyance that has been recorded in the County/Parish where the property is located. Please include your name, phone number, owner code, and social security/tax ID Number for verification. If additional information is needed, we will contact you.
Who do I contact regarding my revenue check or joint interest bill (JIB)? What information should I include to help answer my question?
Questions regarding your revenue check or JIB statement should be directed to Marie Gardner at (318) 227-8668 or firstname.lastname@example.org, or via mail to the attention of Revenue Accounting Department at our office address. Please include with your question your owner name, owner number, social security/tax ID number for verification, and daytime phone number.
Royalty owners who received $10 or more and working interest owners who received $600 or more in the calendar year will receive a 1099 by January 31st of the following year. The income reported to the IRS is your gross income prior to any other deductions or taxes. The 1099 will also list any state or U.S. withholding amounts deducted from your revenue checks.
Please allow 15 business days to receive your check. If your check is stolen, please contact our Revenue department immediately at 318-227-8668. Any check dated more than six months ago should be marked “VOID” and sent back to Sklar Exploration Company. We will reissue the check on our next revenue run cycle.
Revenue checks are mailed by the last day of each month. Please allow 15 business days for delivery of your check.
Small revenue amounts are accumulated and paid once a year in December or when the amount reaches $50. Revenue is typically distributed two months following the month of production.
Funds are reported to various states based on the state of the owner’s last known address record. If the address is unknown, the funds are reported to Louisiana, the state in which Sklar Exploration is domiciled. To claim funds reported as unclaimed by Sklar Exploration, you will need to contact the state. Websites you might find helpful are www.unclaimed.org or www.missingmoney.com.
Many factors contribute to your payment, including: market conditions, fluctuating commodity prices, regulatory or contractual changes, production volumes, seasonal conditions and well downtime.
Sklar has the ability to offer data exchange of revenue and joint interest bill (JIB) detail for existing accounting software systems. Participating owners have the ability to view, print or download this information in PDF format.
We have an electronic funds transfer (EFT) option for our revenue interest owners. EFT payments are only available for accounts drawn within the United States. If you elect to receive electronic payments, you will no longer receive your payment detail by mail. You must have an e-mail address. Please download the direct deposit form to begin the enrollment process.