or even water. Who would have the rights to it. Me or the government
2007-01-09 03:55:48 · 19 answers · asked by Anonymous in Science & Mathematics ➔ Engineering
government in UK! cant get rich quick like that here!
2007-01-09 03:58:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I think that counts as 'bounty' and that means it belongs to the government regardless of who owns the land...
Like antique Roman gold or a saxon hoard - always belongs to the government. Grr...
(though if it spouted water I'd speculate that you'd managed to drill through the water main and then you'd have to get the water company in...)
2007-01-09 04:05:01 · answer #2 · answered by SilverSongster 4 · 0⤊ 1⤋
You would have to check the deed to your property and see if you own the mineral rights.
In the US, the surface owner doesn't necessarily own the mineral rights, but if you own them, the oil is yours. If someone else owns them, the oil is theirs.
It wouldn't belong to the government unless you are a surface owner on property where the government owns the mineral rights.
2007-01-09 04:20:33 · answer #3 · answered by The answer guy 3 · 2⤊ 0⤋
I am sure the mineral rights were stripped from the land a long time ago. Who ever owns the mineral rights.
2007-01-09 07:50:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Not only does the government own it, they can now demolish your house so that a company they sell the rights to can build a well. Don't worry though, they'll compensate you at about 50% of market value.
2007-01-09 04:01:04 · answer #5 · answered by Medic_13 5 · 0⤊ 1⤋
Hate to burst the bubble but the government
2007-01-09 06:57:44 · answer #6 · answered by manc1999 3 · 0⤊ 0⤋
It will depend on who has the rights.
Petroleum would be owned by whoever has the mineral rights.
Water would be owned by whoever has the riparean rights. As the land owner, you may or may not own these rights. It all depends.
2007-01-09 07:23:16 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Government!!
If its black Gold
True for INDIA.
I think government of any country will claim its right....coz its theirs'
For water its for you...atleast in INDIA
2007-01-09 03:58:56 · answer #8 · answered by Som™ 6 · 0⤊ 0⤋
It might be yours if the deed to your house and land included mineral rights, and you would probably be a rich man.
2007-01-09 05:06:12 · answer #9 · answered by Richie B. 2 · 0⤊ 0⤋
The government. You don't have rights to minerals, even when the mining site is on your property.
You do have rights to the access to the mining site though...
2007-01-09 04:00:05 · answer #10 · answered by k² 6 · 0⤊ 1⤋
The Treasury.
2007-01-09 04:00:24 · answer #11 · answered by Ally 5 · 0⤊ 1⤋