The lease I executed with Chesapeake on my small acreage in DeSoto Parish (Sec. 29) expires shortly. Does anyone have information about whether Chesapeake is renewing outstanding leases (no automatic renewal allowed in my lease) and if so, when they typically contact the lessor? I know that they are drilling in the section adjacent to my land. I understand that if they do not contact me about renewal, I should notify them to file a lien release on my acreage so that other companies know my land is available for lease.
I appreciate any information others can provide- this site is so beneficial to those of us who reside far away and don't have "boots on the ground"!
Tags:
T. Andrews,
If you share your Township and Range, you might find people who can offer more info that is particular to your section.
Baron,
A very valid question. Still no answer. How can anyone respond to (his ) her question?
Our lease with XTO was about to expire and I was notified 4 days before expiration.
XTO offered too low so I contacted CHK and leased to them at twice XTOs offer.
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