Reembursement for organizing expenses
I was recently told that some of the O&Gs will reemburse you for expenses accrued during the organizing of groups leading up to the leasing of your land to them. Things such as usage of private meeting rooms, time spent, travel, copies, ink, paper, etc... Has anyone ever heard of this?
Views: 27
Replies to This Discussion
-
Permalink Reply by TRG on
-
I have not heard of any company reimbursing anyone for putting a group together. Oil & Gas companies do reimburse their lease brokers for these sort of things, so that is what you might have heard.
-
Permalink Reply by CR on
-
Thanks TRG, I've never heard of it before either. You know how this HS rumor mill is.
-
Permalink Reply by mooncookie on -
You might be able to expense some of the above listed in your tax returns!
There are a couple of CPA's here that know more about that than myself, but it seems like "the cost of doing business" and if that cost is high-enough.... might be worth looking into.
Support GoHaynesvilleShale.com
Top Content
Blog Posts
The Lithium Connection to Shale Drilling
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
Not a member? Get our email.
Groups
-
San Augustine, TX
386 members
-
Miller County, Arkansas
27 members
-
Sabine Parish, LA
455 members
-
South Caddo Parish Group
440 members
-
Natchitoches Parish
400 members
-
Bienville Parish, LA
244 members
-
Fayetteville Shale
149 members
-
North Caddo Parish
358 members
-
Central Texas Gas
63 members
-
Cass County, TX
119 members
© 2024 Created by Keith Mauck (Site Publisher).
Powered by
