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Permalink Reply by po boy on August 13, 2008 at 13:34

I have to ask.
Were you satisfied with the contract until you found out you might be able to get more? How much time passed before you changed your mind?

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Permalink Reply by Allen67 on August 13, 2008 at 13:30

Since you are on this trying to get out of a lease track, I have a story. I have an Aunt who has altheimers,they so nicely had her bring her sister over to be a witness, and guess what? she has altheimers too! Needless to say, they signed the lease for 100.00 per acre and neither of them remember a thing!! At least you will always remember!!! smile

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Permalink Reply by KT on August 17, 2008 at 2:44

In good faith, all matters clear to all parties, no attempts to obscure the factual - I'd say the alzheimer sisters can get a new lease. The whole shale question - who knew what at what time - could throw a lot of leases out. Notaries guard their licenses but honest folks know notaries who will work with them. I know notaries (plural) who will sign a blank bill of sale for me. I am an honest man. The O G boys have been at this a long time. They have GOOD lawyers and a lot of them. They thought they had a way to make an impossible formation pay off, no guarantees. Turns out the little engine could - drill lateral. Good for them. Benefit outweighs the cost. Wish I'd known earlier. Would have been so far in debt it would have taken binoculars to find me in the hole I put myself in.

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