Okla. Stat. tit. 60, § 60-658

A. Except as otherwise provided in the Uniform Unclaimed

Property Act, all intangible personal property, including income or

increment derived from the property, less any lawful charges, that

is held, issued, or owing in the ordinary course of a holder’s

business and has remained unclaimed by the owner for more than five

(5) years after becoming payable or distributable is presumed

abandoned.

Oklahoma Statutes - Title 60. Property Page 210

B. Holders of presumed abandoned intangible property shall

report annually and remit all proceeds accrued to date, including

the current balance held by the holder. When and if any part of the

proceeds has been held for the statutory abandonment period or

longer, the holder must report and remit all interest, additions,

and increments accrued to the account of the owner. Any additional

amounts accruing to an owner of the same intangible property

presumed abandoned previously reported will be reported and remitted

on an annual basis, including additional amounts from the “as of

date” of the previous report year through the “as of date” of the

current report year.

C. In no event shall mineral interest proceeds be required to

be reported or remitted sooner than six (6) months after the date of

first sale from the applicable well.

D. Property is payable or distributable for the purposes of

this act notwithstanding the owner’s failure to demand the property

or to present an instrument or document required to receive payment

of the property.