Replies to This Discussion

Permalink Reply by Keith J Free on February 20, 2012 at 10:27

Hmmm Ok, thanks for the information Larry.

 

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Permalink Reply by RJ on February 20, 2012 at 10:39

Larry,You made more progress then I did by phone. That somewhat helps to know they may have made another unit out of 30 and 31. So when we get the 30 division orders with luck the two will add up to the total land we leased. As far as the unit size. This 31 says 639 acres.Others who live across the street who are with petrohawk unit is 632. So there is a diffrence in units. That should be ok. I did find out about the subordination papers. IF you have already done one as I have, you can use it and send them a copy. I did leave a message with the Land dept about the 30 vs 31 Division order.Maybe they will call me back.

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Permalink Reply by Larry L on February 20, 2012 at 10:52

As I stated earlier, I don't think the lease I signed with CHK allows them to make a unit of sections 30 and 31, but is limited to 640 a. It could be that they were only looking at the PetroHawk leases when they decided to unitize it? ?

Anybody out there with a PetroHawk lease for sec 30 or 31 that could answer that question?

Is there an acreage stipulation in your lease, if so what is it?

Thanks.

 

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Permalink Reply by Sonja T. on February 23, 2012 at 6:01

did your original papers have the word subordination listed? Mine did not so I dont know if the orignal one will work. Also, I noticed on the subordination papers they sent this time the dates on the last page had 2008 listed for the mortgage company and chesapeake to sign and have notarized . I have called three times to the Division order number but havent got an explanation yet.

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Permalink Reply by Katie McCullin on February 23, 2012 at 6:07

Hi Sonja - I work for Chesapeake and would be happy to help put you in touch with someone. If you can message me with your contact information, I'll see that you receive a phone call. Thanks!

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Permalink Reply by Sonja T. on February 23, 2012 at 6:09

I tried to message you, but it said I had to send you a friend request, so I did. I just signed up today.

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Permalink Reply by RJ on February 20, 2012 at 14:50

Hmm,Well guess we will wait for their answer on this from CHK. Did not see this coming. Wow whats next. Just hope the numbers add up to what our lease says as far as the amount of land goes. Interesting to see what they show us in section 30. Not sure about the advantage or dissadvantage in being in 2 sections. Will see what the mail brings.

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Permalink Reply by Larry L on February 20, 2012 at 16:28

Bottom line is that we must preserve the integrity of the written lease! Even if it appears to be advantageous to do one or the other...we need to go with "it is written"!

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Permalink Reply by RJ on February 21, 2012 at 0:25

Agree 100%. Waiting for answer from CHK. Anyone out there feel free to jump in here.

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Permalink Reply by Larry L on February 21, 2012 at 9:47

Got the other DO today marked for Section 30.

When I add up the two separate acreages contained in the two separate DOs  it is over 2% SHORT.

Still waiting on CHK to respond

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Permalink Reply by Bear Dog on February 21, 2012 at 10:51

At least you got one. We are in your section and have recieved nothing.

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Permalink Reply by RJ on February 21, 2012 at 12:53

Mail is running late today Bear Dog.Dont give up!

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