Replies to This Discussion

Permalink Reply by LN on September 10, 2016 at 10:53

(Form #1)

Chesapeake Operating, L.L.C.

Division Order Instruction Sheet

(Form #2)

Modified NADOA Model Form Division Order (Adopted 9/95)

Chesapeake Operating, L.L.C.

Division Order

www.chk.com/owners

Well Number: 635739

Well Name: MUSE 245-14-15

Operator:  Chesapeake Operating LLC

County/State: De Soto, LA

Property Description: Section 24-14N-15W

Production Type:  Oil & Gas

Social Security or TIN:  Provide TIN/SSN

Owner Number 152720

Owner Name:  My Name

Date Prepared:  8/24/2016

Effective Date 3/9/2012

Interest:  1

Interest:  (blank)

Current Address

SS#, Signature

(Form #3)

Title Requirement

None

(Form #4)

Electronic Funds Transfer (EFT) Enrollment Form

(Attach Voided Check Here)

(Form #5)

Cover Letter with Chesapeake's phone #, contact@chk.com

(Form #6)

Map where Well is located

List of Names with Tract No., Area in Acres, and Percentage of Unit

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Permalink Reply by Skip Peel - Mineral Consultant on September 10, 2016 at 13:48

LN, under LA law you are not required to sign the Division Order.  In order to be paid however you do have to provide your SS#, address and EFT Enrollment Form (if you want EFT as opposed to a check sent in the mail).  I'd suggest EFT so you avoid any problems associated with the USPS.

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Permalink Reply by LN on September 12, 2016 at 0:58

Hi Skip,

Chesapeake didn't provide a decimal amount to me.  Shouldn't they have done so?  How do I know what they're selling the gas for and also what they owe to me?  Shouldn't they also provide the interest and interest type information to me?

TIA.

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Permalink Reply by Skip Peel - Mineral Consultant on September 12, 2016 at 1:11

You will eventually receive a decimal interest however that is a separate issue from the natural gas price CHK gets from your well.  Call or send CHK a letter and ask about the decimal interest.  You have everything in the documents listed to calculate your interest yourself:  your acres divided by the unit acres times your royalty percentage.  Calculate it and then follow up if it doesn't match what CHK shows.

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Permalink Reply by LN on September 12, 2016 at 1:58

Thanks a million Skip!!!!!!!

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Permalink Reply by LN on September 12, 2016 at 2:25

Skip, Chesapeake didn't provide a W-9 form to me. I printed one off the Web. Should I send that to them too?

TIA.

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Permalink Reply by Skip Peel - Mineral Consultant on September 12, 2016 at 4:31

My general rule of thumb is, never provide more than you are asked.  If you have questions, ask CHK.  If you don't believe them or wish confirmation, ask an experienced O&G attorney.

Permalink Reply by RONNY on September 10, 2016 at 13:05

Skip, Is it possible to see the forms filed by the operator with the State in regards to perforated lateral allocation per section?  If so, where would we look? Thanks.

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Permalink Reply by Skip Peel - Mineral Consultant on September 10, 2016 at 13:42

The perf letter, if submitted, would be in the Document Access portion of the SONRIS database under WELL PERMIT TO DRILL/AMEND.  Third search option from the bottom under Document Type.

Document Access>Document Type>WELL PERMIT TO DRILL/AMEND

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