Lorissa Gail
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Lorissa Gail's Discussions

Taxes on seismic survey payment
5 Replies

How is the payment received from allowing 3D seismic surveying on your property reported to the government?  I know that lease payments is considered straight income.  I thought I read somewhere on…Continue

Started this discussion. Last reply by layla Feb 10, 2010.

Directional drilling
8 Replies

Is a directional drill equal to a vertical drill in terms of production for a gas well?  Much has been said about horizontal decline rates and I  have not seen any information that addresses this in…Continue

Started this discussion. Last reply by DJG Feb 2, 2010.

Memorandum of Farmount Agreement
24 Replies

I posted this question earlier when my computer was on the blink. I will try again. Burk Royalty Co. LTD entered into this agreement with Chesapeake Exploration LLC effective 8-1-09 and filed in the…Continue

Started this discussion. Last reply by Skip Peel - Mineral Consultant Mar 20, 2010.

Burk/Chesapeke.Memorandum.of.Farmout
3 Replies

I.just.read.the.farmout.agreement.dated.9-10-09.and.discovered.my.property.was.included.in.the.East.Stockmon.Project.-(Shelby.Co).agreement..Burk.just.drilled.a.few.wells.(vertical).in.this.area.that.…Continue

Started this discussion. Last reply by jffree1 Dec 20, 2009.

 

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How would you describe yourself?
Landowner
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Haynesville

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At 10:05 on September 9, 2009, Keith Mauck (Site Publisher) said…
You really should get an attorney to review this contract. Bearing 21% of the costs sounds fishy...
At 1:59 on September 9, 2009, king john said…
hi joanne, and welcome to GHS . i have been very involved in one of your discussions and i wanted to apologize if it seems it has been hi-jacked. this is a debate i had several monthes ago in the same group. i hope some of the ideas being shared are of some value to you . let me know if i can be of assistance with the website.
kj
At 4:47 on September 2, 2009, Keith Mauck (Site Publisher) said…
Hello! I hope the site is a place for you to learn, network and contribute. My name is Keith and I started the site in June of 2008 to open up lines of communication between landowners. Since then, we have grown to over 10,000 members.

Check out current discussions HERE.

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