landowner

Chesapeake CEO on CNBC

Sorry i can't add a video link of his remarks... and despite my misgivings about Chesapeake... Aubry McClendon should be commended for all the things he said on CNBC this afternoon.  I just wished he'd taken it a lot further by slamming congress and the administration's lack of leadership on energy policy.  His bottom line... we are paying many countries that hate us... billions of dollars a year for oil when we could be energy independent with our own supplies!!!!!   It's so DANG FRUSTRATING!  Maybe i should have added this to the Why are we so STUPID discussion.

 

 

 

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landownerPermalink Reply by Donna Thornton on March 3, 2011 at 4:49

Agreed.  I have another well about 5 miles away from this one and it is paying towards a $1 more per mcf.  The sad thing about it is, I would be getting paid by EnCana and SWEPI like my other well, but I leased to Chesapeake and they had decided to participate in the Jimmy Ray Brown well.....so I get paid by them.  But let me say this, I am appreciative to God for everything I have received and feel blessed because I never expected any of this.  So, I will choose to remain grateful and look on the upside.

On an additional note, I do not understand how the gas companies can still be adjusting you current month payment by adjusting your prior month figures by price and volume.  Makes no sense to me.

Permalink Reply by Linda Whatley on March 3, 2011 at 5:17

Donna,

 

I too did not expect any of this to ever happen to me.  It is truly a blessing from God, and just like you, that is how I choose to look at it.  I know I am one of the lucky ones, and I thank God everyday for this wonderful blessing.  I just wish Chesapeake would do like all the other operators and sell "our" gas on the open market instead of selling to their affiliate at a much lower price.  That would put all lessors on the same playing field.  That's the right thing to do! 

 

Have a great day!

Linda

 

 


landownerPermalink Reply by Donna Thornton on March 3, 2011 at 5:41

You are so right on each point!  That kind of sounds like colusion.  You have a great one too.

 

Donna


Oil & Gas ProPermalink Reply by GR BallouPE on March 3, 2011 at 6:30

 For the forlorn Lessor,

From a few points-of-fact I pick up, these actions

 (buying--re-selling, ad profitum),

may constitute "Daisy-chaining"---

one of the tactics of choice during the 1971-81(January 28)  price controls.

Old gas--oldold gas,  OldNew gas, ... New Old Gas,...

the Game was played

IANAL,

... but I Was a Young Gasser during those Bad Old Days...tossed in the Waves.

Emoticon:  Non-plussed, but Not surprised.

;)  --GB.

ps Thanks, Mr. McClendon.

 

Permalink Reply by Linda Whatley on March 3, 2011 at 10:11

Hey GB, where ya been lately?  How's Client??

 

LW


Oil & Gas ProPermalink Reply by GR BallouPE on March 4, 2011 at 5:16

Client is finishing details on his new BASS BOAT, for Black lake.

24 foot, pontoon Party Barge.

He wheels and I deal.

His lease has been extended... my concurrence...IANAL....

He has Spring fever; IMHO... Gas fever?

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