I was told by the landman for camterra who is currently trying to lease in the area that he was "voluntarily" going back to the neigbors that had leased for less money and catching them up to the "going" rate. I hear that there may be a legal requirement for the landman to do this. Can anyone confirm this?

Views: 48

Reply to This

Replies to This Discussion

Maybe he really is going back,because he is a nice guy. Or wants surface rights, or deeper boundaries. Maybe he just says he is. Checking around I personally have not found anyone who got a favored nation clause, or a noise abatement clause.

RSS

© 2021   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service