Your Owner ID, also referred to as the BA Number, is a unique identifier that helps Greylock accurately identify the landowner we are working with. This number can be found on most Greylock communications, including your check stubs.

The IRS requires all Payees provide a Social Security Number or Taxpayer Identification Number. Without this information, Greylock is obligated to withhold 28% in federal taxes from all payments. Providing an IRS W9 form ensures you receive your full payment without unnecessary deductions.

The most common reason is that your account revenues have not yet reached the minimum threshold for payment. This threshold varies depending on your lease terms or Greylock’s accounting policies. The annual minimum check amount is $100, and the minimum direct deposit amount is $20, unless your lease specifies otherwise. Once your accumulated proceeds exceed this amount, you will receive a physical check. Annually (no later than December 31st) we issue a minimum release check to clear out any remaining proceeds below the threshold. Another common reason is a change in your mailing address. If you’ve moved and haven’t updated your address with us, your check may be returned as undeliverable. The post office does not forward these checks. In such cases, Greylock will place your account in suspense until you submit a completed Change of Address form.

Yes. If the check is damaged or past its deposit deadline, call or email the Greylock Owner Relations team to arrange for its return. If the check is lost or stolen, notify Greylock immediately. Replacement payments will be issued in a future check run; separate replacement checks will not be provided. Please return any stale dated or damaged checks to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311

Certain leases include a clause that allows Greylock to extend the primary term of your lease by making a specific payment. These extensions are at Greylock's discretion and may be issued when your lease is set to expire. Extension payments are non-negotiable.

Royalty checks and direct deposits are typically processed and mailed (or initiated) by the last business day of each month.

Many factors contribute to your payment, including market conditions, fluctuating commodity prices, regulatory or contractual changes, production volumes, seasonal conditions and well downtime.

Oil and Gas is a naturally declining resource, and production will decline over the life of the well.

For your security, Greylock does not accept address changes over the phone. All updates must be submitted by completing a Change of Address form. Please download and complete the Changeof Address form in its entirety, including signatures of all parties on the account. Send the completed form to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

To update your account after a divorce, please provide: A copy of the divorce decree, including property settlement documents Copies of recorded conveyances, if applicable If you do not currently have a Greylock owner account, please also include: Your current address A completed W-9 form Mail the required documents to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

If your name has changed due to marriage or divorce, send a written request along with: A copy of the legal document supporting the name change (e.g., marriage certificate, divorce decree reinstating maiden name, etc.) A copy of your updated driver’s license showing the name change as registered with the IRS (if applicable) A completed IRS W9 form evidencing your new name. Mail your documents to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

To complete the transfer of a property interest, you must provide a copy of the conveyance document recorded in the county and state where the property is located. Additionally, include the name, address, and a completed IRS W9 form for the new owners. For your protection, payments are issued solely based on Record Title Ownership. Ownership cannot be transferred without a properly recorded document. For guidance on recording documents in the appropriate county, please contact the Clerk’s Office in that county. Mail your documents to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

If you are transferring a royalty or mineral interest, you must execute and record a deed conveying the property to the new owner(s). For working interests or overriding royalties, an assignment document is required. All conveyance or assignment documents must be recorded in the county and state where the property is located. Please note that Greylock Energy cannot provide deed forms or assist in drafting conveyance or assignment documents. If you need assistance, consult an attorney experienced in oil and gas law in the state where the property is located.

No. We cannot designate a beneficiary for your account. For your protection, payments are issued based on Record Title Ownership. Ownership cannot be transferred without a properly recorded conveyance document.

When an owner passes away with a Will (testate) provide the following estate documents: Copy of the death certificate Copy of the Order Admitting the Will to Probate Copy of the Letters Testamentary Copy of the Last Will and Testament (probated and recorded in the county where the property is located) Completed W-9 form for each beneficiary All estate documents are required to be recorded in the county and state in which the mineral interest is located. If a decedent dies out of state, an ancillary estate administration may be required. For additional guidance on probating the Will in the correct County and State please call the local Clerk’s office or an attorney. Mail all documents to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

If a life tenant passes away, please provide: A copy of the life tenant’s death certificate The names, addresses, and Social Security Numbers for the remaindermen (individuals entitled to the property after the life tenant’s death) A copy of the document that created the life tenancy and named the remaindermen Send all required documents to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

When an owner passes away without a Will (intestate), the laws of Descent and Distribution in the state where the property is located will apply. The following documents are required: A copy of the death certificate Any applicable estate documents provided by the Clerk’s Office A completed W-9 form for each beneficiary For further assistance on probating an estate without a will, contact the local Clerk’s office. Mail all documents to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

To add an Attorney-in-Fact, please provide a copy of the document establishing the Power of Attorney or Attorney-in-Fact. Please note that a Power of Attorney cannot be accepted after the death of the individual. Mail the document to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

To transfer property or interest into a trust, please provide: A copy of the Trust Agreement or Memorandum of Trust A recorded conveyance to the trust An IRS W9 form completed for the trust Mail all documents to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

To update a trustee, provide a copy of the document appointing the successor trustee, and a completed IRS W9 form Mail the documents to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

For a company name change, provide the following: A copy of the Certificate of Name Change If the name change is due to a merger, include a copy of the Certificate of Merger and the tax identification number of the surviving entity A completed IRS W9 form Mail the documents to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

Yes, in compliance with IRS regulations, Greylock issues 1099 forms annually to report royalty, production, and rental payments. These forms are mailed by January 31 to all payees who meet the IRS reporting thresholds. Currently, the minimum reportable amount is $10 for royalties and $600 for other types of income.

Yes. Greylock offers the option of Direct Deposit (electronic funds transfer) into any bank account in the United States that accepts Automated Clearing House (ACH) transfers. Please complete the Direct Deposit Enrollment Form. Please include a voided check (for deposits to a check account) or a letter from your financial institution (for deposits to a savings account). Mail your completed Direct Deposit Authorization form (and other required documents) to: Greylock Energy Attn: Owner Relations 500 Corporate Landing Charleston, WV 25311 Or emailed to: Ownerrelations@greylockenergy.com

The amount reported on your 1099 reflects the total gross income before any taxes or deductions allowed under your lease. This figure matches the gross amounts detailed on your check stubs throughout the year, as required by the IRS.

If you have questions about your 1099 form, please contact Greylock’s Owner Relations team at 304-925-3236 distrotax@greylockenergy.com to reach a Greylock representative. However, please note that Greylock does not provide tax advice and recommends consulting a tax professional for assistance in reporting this income.

Greylock cannot offer tax advice. We strongly recommend consulting a tax professional experienced in oil and gas accounting to determine whether such costs can be deducted for income tax purposes.

Once you submit your Direct Deposit Authorization form, we process requests in the order they are received. Until your direct deposit is fully set up, you will continue to receive payments via paper checks. After we establish direct deposit with your bank, it may still take up to one payment cycle for the first deposit to appear in your account. Please be advised that there is a $20 minimum threshold on direct deposits.

If you wish to stop direct deposit and switch back to receiving paper checks, please contact Greylock by phone at 304-925-3236 or via email at OwnerRelations@greylockenergy.com. We will deactivate direct deposit for your account. To update your direct deposit details, such as switching to a new account, you must submit a new Direct Deposit Authorization form. If a payment is distributed while your new authorization is being processed, that payment will be sent as a paper check to the mailing address we have on file.

Direct deposit offers a secure, convenient, and reliable way to receive your payments. It eliminates the need for paper checks and trips to the bank, ensuring you receive your funds on time. This minimizes issues caused by mail delays or lost, stolen, or damaged checks. Greylock provides direct deposit at no cost, and you will continue to receive a remittance statement detailing how your payment was calculated.

Yes, an email address is required to participate in direct deposit. We will send you an email notification containing your check statement each time a deposit is made to your account.

For your protection, Greylock may suspend royalty payments for several reasons, including: A notice of death A transfer of ownership An unknown or incorrect address A title dispute To minimize delays, please inform Greylock promptly of any changes related to your ownership or contact information and provide any required documentation.

By law, Greylock must transfer unclaimed funds—such as royalty or obligation payments—to the state if there has been no communication from the property owner or their heirs for a specific period of time. The letter you received serves as a notification that we have an account in our system at risk of being sent to the state unless we hear from you.

To stop unclaimed funds from being transferred (escheated) to the state, you must confirm in writing that you are the rightful owner or heir of the property by completing and returning the form letter you received. Please note that submitting the form alone may not be enough to release the funds currently held in suspense. If additional information is required, Greylock will contact you upon receiving your completed form and provide further instructions.

In many cases, you may continue to receive annual unclaimed property notifications because we lack sufficient information to reactivate the account or resume payments. Simply returning the form might not be enough to remove the account from our unclaimed property list. After you send us the form, we will follow up with a letter detailing any additional steps needed to fully reactivate your account. Be sure to complete these steps to resolve the issue and prevent further notifications.

If prior royalty or obligation payments have been transferred to the state, you will need to contact the State Treasurer’s Unclaimed Property Department. They will guide you through the process of reclaiming the funds. Please keep in mind that each state has different regulations, and it may take up to 12 months for escheated funds to be fully processed and accessible through the state’s Unclaimed Property Department.

A stale dated check is one that is presented to the bank after a certain allowable window of time. It is not an invalid check, but checks cannot be honored after 6 months. If you did not deposit your check within that timeframe, we must re-issue the check. Please return the check to the address listed on the check and we will void and reissue the amount with your next check.