We were offered $5,000.00 per acre by Chesapeak, near Blanchard, and then they went down the road, two houses down. and the people got $8500.00. We were robbed by Chesapeak. Would love to hear from more loosers.

Views: 1391

Reply to This

Replies to This Discussion

If I sue now and the court gives me more money and the bonus goes up next year can I sue again and get bumped up again?


Hope the sarcasim is clear.
but Hoover - Didn't you get a bonus when you signed 2-3 years ago. You didn't get zero then.
Heh,so how did everyone holding out for $30K and a 1/3 do?
Some did quite well.  Others did not.  Most all are more knowledgeable now as it is almost three years later.  Cherry picking comments out of old discussions to deride laymen members is poor form.  Suggest you participate in some current discussions and we'll see if you have anything of real substance to contribute to the site.
And he loves those Tigers!
But he loves those Tigers!

Skip Peel

It IS almost three years later but the cheating (taking advantage of) continues.  It seems there is a flaw in my lease agreement in DeSoto Parish that has just come to light.  They were quick to come to my house for me to sign ratification to correct their error.  All I asked for in return for correcting their problem is for a definite time for payment (since they have now not paid me for over 4 months after receiving their money) and a cost free clause, which was not unreasonable given the fact Cheaspeake has negotiated a cost free agreement with Questar.  And, I will also tell you that they are robbing me in Caddo Parish with exorbitant expenses that they will not explain...they totally ignore my requests for explanation.  Cherry Picking...I don't think so.  These companies know most people here do not have the money to go to an attorney and sue them.  Well, I don't have the money but I am going to do it.  

Judy, first my comment, "cherry picking", was in reference to Michael pulling up a three year old discussion in order to use it as a reason to criticize laymen members.  The members making those comments may have a different opinion today.  Regardless, it is worth realizing that three year old  discussions may have context that is no longer germaine.  Second, if you have a problem with me defending mineral owners, well that's your right.  If someone thinks that an instance as serious as the one you describe is not worth the relatively small investment in an experienced O&G attorney, that is also their right.  The dealings you, and others, have with Chesapeake or any other company, are not a morality play.  They are business.  And as such should be handled as business.  You are right to spend money on professional legal advise.  I suggest that you perform sufficient due diligence to ensure that you are getting that advise from an experienced O&G attorney with no conflicts of interest.  Any other is a waste of money.

Did they pay you to sign the ratification to correct their error?  Jack Blake signs nothing for an oil company unless they pay him.

Attorneys help, but even if you hire the best you still need to have good contracts and understand the contracts.

Some peorple do feed you bull&%$* contracts to see how they can treat you. One time I had a P/L row agent tell me that putting sometihing on the "environmental Preference form" was good because that form was their bible.  I bout ran that SOB out my house.  He ended up putting what I wanted on the contract.

I've had them give me a contract that said I would indemnify them!  They must of thought I was some kind of uninformed buffoon.

Always have an O & G attorney review your contracts.  There are plenty out there.

Skip:

 

My apologies.  I did not realize you defend mineral owners (no sarcasm).  I guess I thought your opinions always slanted toward the companies.  So, are you saying because this is a business deal moral turpitude is discounted?

I am from the old school, I do not take advantage of anyone and really, really take umbrage when someone takes advantage of me.  I do not have an argument with you, Skip, but I have been royally screwed over by Chesapeake and I am tired of them.  I do not think it is fair that I have to pay an attorney to just make sure I get what, in my opinion, should have been duly paid.  And, thanks for the advice.  I am going to an attorney with a good reputation (which means high dollar price) and hopefully will get some satisfaction.

 

I would say that since most of the leases in the Blanchard area will lapse without being drilled, and since the few that were drilled are non-commercial at current gas price, Seeking information, Blanchard had it wrong about who was the robber and who was robbed!  My question is this:  Is Seeking Information, Blanchard considering returning any of the $5,000 an acre lease bonus since Chesapeake spent $5,000 an acre on something that was essentially worthless?  Seeking Information, Blanchard was asking to hear from more "loosers".........wonder if Chesapeake gave them a call!

Judy,

I'm also a mineral owner. I'm also am from the "Old School". When I make a deal I accept that deal as the best I can do at that time. If someone else makes a better deal then They made a better deal. I don't hold it against them or the company or myself. You got a good amount for your lease and no one held a gun to your head. If they did then you have a case. See an attorney. 

RSS

Support GoHaynesvilleShale.com

Not a member? Get our email.

Groups



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service