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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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Comment Wall (4 comments)
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I am glad that everything went your way. It seems that leasing has stopped for the moment around here and I know CHK withdrew offers. I think Arnie's offer was at the top for the north area. I will tell my neighbor that you got your check. Did your lease go to CHK? I don't need to pay Arnie any percentage if I lease after 11-1-08 (90 days) which doesn't appear to be a problem since companies have pulled back.
Helene
If you sign with Arnie, would you share the O & G company? My next door neighbor is working with them and she was told that it would take longer since she only had one acre.
I sent a fax to his office 8/1/08 that stated I no longer needed his services since I wasn't ready to lease at this time. According to the agreement, if I sign any lease in the next three months, I would still owe him his percentage on the bonus money. If I sign any lease in my section 21, I need to do it with CHK because they already have the majority of this section with their Cross Lake leasing.
Randy