Replies to This Discussion

Permalink Reply by Lake_Ninock on June 10, 2008 at 8:13

Well, I was thinking more of someone to negotiate bonus and royalties. I would assume a company that does this would know what the market price is better than I. Would they know what clauses to include in the lease agreement or would I need an attorney for that?

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Permalink Reply by Keith Mauck (Site Publisher) on June 10, 2008 at 8:33

What kind of fees will the attorney take? Commission based, flat, hourly etc?

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Permalink Reply by Keith Mauck (Site Publisher) on June 10, 2008 at 8:35

Does this speed up the process? Also, do you feel you got lesser a price had you waited or does having the attorney negotiate get you to the company's max $$$ they will pay?

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Permalink Reply by Lake_Ninock on June 10, 2008 at 8:47

I might be mistaken, but I wasn't aware that an attorney would negotiate for you. I am thinking they will just help with the lease, and a bank or consultant would actually negotiate for you.

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Permalink Reply by Keith Mauck (Site Publisher) on June 10, 2008 at 8:55

I believe there are attorney who's expertise is negotiating, but a consultant is certainly an option. You need to be sure the contract is legit though, this would be the attorney's role. It sems if you can find an attorney who does both, it will save you time and $$$. So, let me if you find a good negotiator.

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Permalink Reply by PWB on June 10, 2008 at 9:01

Be careful,My neighbor had a lawyer contact him about representation
and told him he would charge a percentage---and a percentage of any
royalties recieved--the gift that keeps on giving!!

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Permalink Reply by mignon bryant on September 18, 2008 at 10:13

not all attorney's are charging percentages, just the ones you do not want to do business with. mark bryant in shreveport,la. is very knowledgable in oil and gas. i would contact him

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Permalink Reply by Lake_Ninock on June 11, 2008 at 4:56

I feel that y'all have answered my question, as to, what type of individual can help me. Thanks to all, but I was wondering what companies and/ or firms would be best for this. I want to contact them because, as said by geoman, the best do not come looking for you.

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Permalink Reply by smith1 on June 11, 2008 at 6:55

my husband and I were contacted by ashley ann energy (chesapeake?) and they left me the lease, i have researched the web considerably and we have made our own provisions just from reading valuable resources. I have heard that John Frazier, Shreveport, or A. Roos, both attorneys are good o & g attorneys. But go to the courthouse and pull deed from a larger landowner such as edgar cason, martin timber and see what their provisions are. some forestry companies are helping their clients also.

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Permalink Reply by RAY on July 22, 2008 at 3:49

why join a group that charges both a fee and percentages.

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Permalink Reply by alutz on June 11, 2008 at 17:07

Denny Reedy was suggested by a good friend as trustworthy and fair. You can contact him 318-671-7100.

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Permalink Reply by Kassi on September 18, 2008 at 13:53

He was one of the Fortress Management guys wasn't he?

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