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Comment by VSC DeSoto South on January 14, 2011 at 14:28

Jack,

 

You mentioned that your lease shared by ECA and Shell, mine is also. ECA drilled. I guess I shoudl expect the same process, then ECA portion without DO, and then wait for  DO from Shell. I did not think about the Shell piece. I was thinking I woudl receive the 1st check in full without the DO. Learn something new everyday.

Comment by Linda Whatley on January 5, 2011 at 17:23

Yeah, it's funny how they all operate differently.  .......  PXP bought a 20% interest in my lease with Chesapeake which covers our residential lot here in Stonewall (Section 6 T14N R14W).  A well was drilled and completed by Encana in July 2010.  I received a 5% royalty check from PXP a month before I received their Division Order, and I just received Chesapeake's DO late last month.   I expect to start receiving royalties from Chesapeake on February 1.    .....  Good luck with yours!!!!

Comment by Jack Blake on January 5, 2011 at 9:01

No DO yet, but I did receive my first royalty check from Encana.  It is for 1/2 of my decimal percentage.  I have been told some companies pay royalties without a DO and apparently Encana owns half my lease now and pays without a DO.

I think SWEPI owns the other half and and I've been told they don't begin paying royalties until they send out a DO.

I originally leased to CHK and if I don't hear anything on the other 50% of my royalties within a couple months I'll send a certified letter to CHK asking what's up.  

I sent in the form to have my future Encana royalties direct deposited.

Comment by Linda Whatley on January 5, 2011 at 5:57

Jack,

 

Have you received your DO on this well yet? 

Comment by Linda Whatley on December 29, 2010 at 12:52

Congrats to you Jack Blake.  Hope you get a really "fat" check soon.