What is a Division Order?
A division order is an instrument that describes the property, the operator, the legal description and the owner’s remittance address, as well as the owner’s decimal interest in the property.
What do I do with the Division Order?
The owner is asked to sign and return the division order (please keep a copy for your records.) We use this information to remit royalty proceeds to the owner because CP Energy has the disbursement responsibility. If you have any questions about your division order, you should contact your attorney or accountant.
An owner should be sure to review the division order to include the following:
1. Accurate legal description and ownership interest
2. Correct spelling
3. The location where revenue checks should be sent if different than mailing address
4. Social Security Number or Taxpayer Identification Number
Where do I send my division order or other documents relating to change of ownership or a change to owner status?
CP Energy
Attn: Owner Relations Department
317 Lilac Drive, Suite 200
Edmond, OK 73034
How do I transfer my interest in a property?
Forward a recorded deed or instrument of conveyance to the Owner Relations Department at the address above. It can also be be e-mailed to us at ownerrelations@cpenergy.com or faxed to (405) 513-7763. For more detailed instructions visit the Change of Ownership page.
What happens if I change my name or address?
Please notify us promptly in writing of any change in your name or mailing address. Address change notifications can be mailed to the Owner Relations Department at the address above. For more detailed instructions, visit the Change of Name or Address page. This form can be e-mailed to us at ownerrelations@cpenergy.com or can be faxed to (405) 513-7763.
What happens if I change my marital status?
Forward your marriage certificate, divorce decree or other documents affecting name change to the Owner Relations Department at the address above. For more detailed instructions, visit the Change of Name or Address page.
What happens when the interest owner of a property dies?
Once notified of the death of an interest owner, the deceased owner’s revenue will be held in suspense until the proper heirs are determined. Documentation of inherited ownership should be mailed to the Owner Relations Department at the address above. For more detailed instructions visit the Change of Ownership page.