sir, great post, thanks.
Makes perfect sense that the lawyers would get-in on the oil boom.
Chesapeake Energy to spin off oilfield services:
http://www.marketwatch.com/story/chesapeake-energy-to-spin-off-oilf...
Cooking the books. I'd like to see the investors follow suit.
Quote from WallStreetJournal:
"Chesapeake deducted about 37% from Mrs. Moon’s most recent check for expenses such as the cost of shipping the gas to a big interstate pipeline and for processing the fuel. Those deductions cut her royalty payment for one well to $1,372 from $2,207. The well’s other owners, Anadarko and Mitsui, each deducted 18% from their share of the royalty payment, their checks to her show, while Statoil didn’t take any deductions or fees."
http://marcellusdrilling.com/2014/03/chesapeake-shafting-landowners
Office of Attorney General Responds:
http://www.senatorgeneyaw.com/2014/03/13/office-of-attorney-general...
Quote: "Chesapeake Energy royalty practices are ‘egregious’"
3 minute audio:
http://witf.vo.llnwd.net/o35/StateImpact/03mcCHKcomplaints.mp3
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