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Permalink Reply by GoshDarn on March 29, 2012 at 17:00

Inquirer:  In the past, per a similar situation, the word was, once CHK catches up with the back royalty payments, then there'll always be a one month stutter to CHK royalty owners in the future.  In other words, that's a scheduled one-month stutter for the money to vet and flow from HK to CHK and then to CHK's royalty owners.  At least, this is the way it has worked with HK and yet another operator in a HA unit.

Then again, CHK is so snaky, who knows what holdup they'll claim and hide behind?

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Permalink Reply by Inquirer on March 30, 2012 at 4:25

Thank you GoshDarn. Very helpful.

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Permalink Reply by Katie McCullin on March 30, 2012 at 4:04

Hi Inquirer -

 

My name is Katie, and I work for Chesapeake. As GoshDarn stated, once Chesapeake has resolved the previous royalty payments, there will typically be a one month delay in the payments received.

 

I'm glad you were able to speak with someone. Please let me know if run into any issues or if I can assist with anything.

 

Thanks!

Katie

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