All leasing comes to halt
talk to landmen working for HK CHK XTO DVN All lease active is on hold for unknow period of time. All draft have been stopped on present deals, will not be paid and these lease will terminate at end of draft time period. They have cut production money. However the good news is they will continue to drill the leases they have which is enough land to drill for the next 20 years
Views: 656
Replies to This Discussion
-
Permalink Reply by John on
-
I will say that b/c it just happened to me.. I just left a meeting, and was told by CHK (seen in email) 'The leases are null and void since we have not filed them'
-
Permalink Reply by shawn on
-
John why would you have to file your lease when did you sign and where do you live
-
Permalink Reply by Snake Stewart on
-
I believe the "we" he is referring to is CHK ,Shawn.
-
Permalink Reply by maybelle on
-
I was at the same meeting. This is just not right what they are doing. Do you know if there is anything that we can do about getting the lease honored?
-
Permalink Reply by JHP on
-
I also signed a lease with CHK in September and was told I would receive a bonus check in 4-5 business days. It now has been three weeks without a dime.
-
Permalink Reply by Catfish on
-
I signed with red river last week and was told up to 30 days, but normal is 15 to 18. What land company did you sign with? I'm a little nervous for you, me and everyone else waiting for a check. That could have been the landman talking crap. It would be good for folks waiting to let everyone no when they get it.
-
Permalink Reply by waltcop on
-
My property is in a pool with about 20 other tracks containing approx. 900 acres in north Sabine and southern DeSoto parishes. Our attorney got us a bid from XTO that we accepted but it has been four months now and still no money.
-
Permalink Reply by Catfish on
-
S13 t18 r12
Right or wrong 15k was close enough for me. Now the offer has dropped to 5k if the check comes my wife will think I am smart for a change.
-
Permalink Reply by Gas Baron on
-
Catfish,
If you are Happy I am Happy for you
I will let everyone know when my Draft Clears Probably 1st part of Nov.
-
-
Hey KB ,
That "consideration paid" part is going to kick a lot of hind-end tho in the up coming months.
If a company went beyond their stated time slot on your draft, how difficult would it be for the mineral owner to get out of this mess ? From what I have heard in other discussions, They can actually file the lease haveing not paid you a penny and thus making any other interested parties think you are leased and avoid you like the plague.I know that you can get out of that , as I have read some of your thoughts on the matter before. The more I read about peoples problems with "Company Honorability" the more I know I wont be accepting a draft.
-
-
Hey Snake did see the news tonight about CHK And Fortress backing out of a20/25 deal and offering 2,500 well that's my area but I did not go with Fortress went to courthouse today and my lease has been recorded I signed for 20/25 do you I'm safe please advice so I can sleep tonight
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
