Posted on July 1, 2008 at 15:14 — 1 Comment
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Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
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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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I picked interest on you after going through your short profile and demand it necessary to write you immediately. I have something very important to disclose to you concerning your surname that's to say your last name .since it's a public site.Could you please get back to me on:(timothy.white36@yahoo.com) for more details.
Regards.
Timothy
There are a couple things you should check out. 1) Check out current discussions. 2) Join in on the County and Parish Groups. By joining a County or Parish, you are networking locally with people who share similar concerns.
Be sure to read up on how to navigate the site HERE. This will help you get the most out of the site.
Lastly, be sure to check out our tool bar. It will speed up your participation. Download our free toolbar
As a member, should you ever be on the recieving end of crudeness, rudeness or spam, let me know. The site is a peered monitored site and we need your assistance.
best,
Keith "Haynesville"
Site Publisher
P.S. Have fun SHALING!
The XTO guy is: Leonard McCarty (817) 885-3367. I believe that he will be the one that will assign you to the particular landman that will handle your area. Mr. McCarty is not with a leasing office, he is at the XTO company office so you might get somewhere with him concerning your offers.
I live in section 29 T14 Range 10, I have not signed yet. i have been offered 8000, with terms at 25% any advise. I think that is low. Any help would be appreciated. Everyone around me leased in the spring.
Leased through Pride Oil who is backed by Encana/Shell
If you are concerned about being able to sign a lease with an o/g company before any wells start production, you can contact the companies youself instead of waiting on a landman to contact you first. I was not sure if you were already negotiating or was waiting for a company to contact you. You can also contact several o/g companies and may come out better that way if they end up competing with one another for your lease. You can also join some of the landowner associations. I hope this helps.
Please note difference between "voluntary" pooling, where landowner is in the better than force pooling situation.
And, the Second type, force pooling or "compulsory/statutory pooling" where "the poduction company files a request for a pooling order, which provides for the surrender or sharing of interest by the landowner...As a result of the hearing, an order can be issued by the state (Conservation Commissioner in LA) concerning the setting of the cost formula for sharing costs and revenues in the pooled area. THE STATE AND THE PRODUCTION COMPANY USUALLY set the cost formula. Most landowners have very little imput in this situation...The landowners may speak in their own behalf at the hearing. THIS IS A COMPULSORY POOLING HEARING...AND POOLING WILL TAKE PLACE".
Can find articles per O&G Pooling; How Gas Leases Differ From Oil Leases; Mineral Rights in O&G Leases; Oil & Gas Lease Negotiations & Terms, etc....at the following link:
http://www.oil-gas-leases.com/oil-gas-pooling.html
It seems to me that with the State and the O&G Companies "setting" the $$$ amounts, the mineral owner probably won't get much of a Bonus or at the worst less in royalty percentage.
Hope this helps. Looking to sign first/before forcing!
Hope this will be the case for most mineral owners!
Nice to meet you...Oh...and, spread the word per website! We need all we can get!
DrWAVeSport 6/5/08 p.m.