EOG Reports 2008 Results - GoHaynesvilleShale.com2024-03-28T10:43:04Zhttps://gohaynesvilleshale.com/forum/topics/eog-reports-2008-results?feed=yes&xn_auth=noJay - I think that with almos…tag:gohaynesvilleshale.com,2009-02-23:2117179:Comment:4715892009-02-23T10:35:51.050Zsesporthttps://gohaynesvilleshale.com/profile/sesportperson
Jay - I think that with almost 10K members here, as well as the members of various "coalition" groups that may not be spoken for here, BirdDawg has come to an accurate conclusion that <i><b>most</b></i> l/o, m/o are not looking for, or signing, the more complex leases involving transportation & marketing.<br />
<br />
I imagine that those who do look for "exotic clauses" are doing so quietly & confidentially with very competent counsel.<br />
<br />
Because, yes, lawsuits ARE expensive ... not only in terms of…
Jay - I think that with almost 10K members here, as well as the members of various "coalition" groups that may not be spoken for here, BirdDawg has come to an accurate conclusion that <i><b>most</b></i> l/o, m/o are not looking for, or signing, the more complex leases involving transportation & marketing.<br />
<br />
I imagine that those who do look for "exotic clauses" are doing so quietly & confidentially with very competent counsel.<br />
<br />
Because, yes, lawsuits ARE expensive ... not only in terms of $$$$$$$$$ (even a large group/coalition has to weigh that factor), but also in terms of time & emotion. We appreciate your POV on that.<br />
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sesport :0) BirdDawg:
Not sure I agree w…tag:gohaynesvilleshale.com,2009-02-23:2117179:Comment:4713152009-02-23T03:56:23.747ZJay Murrellhttps://gohaynesvilleshale.com/profile/JayMurrell
BirdDawg:<br />
<br />
Not sure I agree with you.<br />
<br />
I've seen some pretty exotic suggestions re lease terms on this site ... for example, if you negotiate special provisions for transportation and marketing, any agreement you make with EOG will be difficult to enforce....short of a lawsuit.<br />
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Lawsuits are expensive.
BirdDawg:<br />
<br />
Not sure I agree with you.<br />
<br />
I've seen some pretty exotic suggestions re lease terms on this site ... for example, if you negotiate special provisions for transportation and marketing, any agreement you make with EOG will be difficult to enforce....short of a lawsuit.<br />
<br />
Lawsuits are expensive. AMEN, AMEN, AMEN,
And, belie…tag:gohaynesvilleshale.com,2009-02-23:2117179:Comment:4713042009-02-23T03:47:39.365ZJay Murrellhttps://gohaynesvilleshale.com/profile/JayMurrell
AMEN, AMEN, AMEN,<br />
<br />
And, believe it or not, there are E&P companies out there that do have integrity, so, why do business with one that has a demonstrated propensity to not abide by the agreements it enters into?
AMEN, AMEN, AMEN,<br />
<br />
And, believe it or not, there are E&P companies out there that do have integrity, so, why do business with one that has a demonstrated propensity to not abide by the agreements it enters into? I agree that EOG is one heck…tag:gohaynesvilleshale.com,2009-02-23:2117179:Comment:4712442009-02-23T03:21:00.271ZGrillin' - MmmMmmhttps://gohaynesvilleshale.com/profile/Mmmarkkk
I agree that EOG is one heck of an oil and gas company. They can find it, drill it and produce it. What Jay is referring to is something I've also heard about them. Since I compete with them, I'll avoid railling on them. But having to hire lawyers just to collect your royalties or WI payments after a year or so has passed is really not what I would call a "great situation" nor does it reflect well on a "great company". I do know that they are trying to fix that piece but if you enter into a…
I agree that EOG is one heck of an oil and gas company. They can find it, drill it and produce it. What Jay is referring to is something I've also heard about them. Since I compete with them, I'll avoid railling on them. But having to hire lawyers just to collect your royalties or WI payments after a year or so has passed is really not what I would call a "great situation" nor does it reflect well on a "great company". I do know that they are trying to fix that piece but if you enter into a contract, make sure all "i's" are dotted and "t's" are crossed. Jay,
Most of the people on he…tag:gohaynesvilleshale.com,2009-02-23:2117179:Comment:4709022009-02-23T00:23:40.034ZBirdDawg, plain ole' idiothttps://gohaynesvilleshale.com/profile/BirdDawg
Jay,<br />
Most of the people on here are not going to get in a "more complex relatonship" with them. EOG knows how to make a horizontal shale well. Thats what most of us want. Many companies are slow to begin to pay royalty owners. But then it comes, and it comes every month. Other companies are the same, KCS for example, has been slow to begin to pay in the Terryville Field. I have repeatedly told people on here that a working interest (or riding the well down) may not be the best idea for the…
Jay,<br />
Most of the people on here are not going to get in a "more complex relatonship" with them. EOG knows how to make a horizontal shale well. Thats what most of us want. Many companies are slow to begin to pay royalty owners. But then it comes, and it comes every month. Other companies are the same, KCS for example, has been slow to begin to pay in the Terryville Field. I have repeatedly told people on here that a working interest (or riding the well down) may not be the best idea for the average owner. We catch your drift about your personal problems with EOG working interest. I can tell you a lot more about other companies. But all of that does not affect the normal royalty interest owners on this site. We catch your drift, please let it lay now.<br />
Thanks Charles:
EOG is a good ops o…tag:gohaynesvilleshale.com,2009-02-22:2117179:Comment:4706832009-02-22T22:16:19.497ZJay Murrellhttps://gohaynesvilleshale.com/profile/JayMurrell
Charles:<br />
<br />
EOG is a good ops outfit in my experience. If you've got a straight "no frills" OGML with them you probably won't have any problems, other than getting into pay status. Problems arise when you have a more complex relationship.<br />
<br />
Good luck,<br />
<br />
Jay
Charles:<br />
<br />
EOG is a good ops outfit in my experience. If you've got a straight "no frills" OGML with them you probably won't have any problems, other than getting into pay status. Problems arise when you have a more complex relationship.<br />
<br />
Good luck,<br />
<br />
Jay jay, I signed a lease extensi…tag:gohaynesvilleshale.com,2009-02-22:2117179:Comment:4705942009-02-22T21:22:02.085Zcharles billingsleyhttps://gohaynesvilleshale.com/profile/charlesbillingsley
jay, I signed a lease extension with them (90 days) and got a check when I signed. So far, so good. I expect to see two rigs drilling (2 different units) before it expires (jun 30). Both will be Haynesville wells. No flies on that.
jay, I signed a lease extension with them (90 days) and got a check when I signed. So far, so good. I expect to see two rigs drilling (2 different units) before it expires (jun 30). Both will be Haynesville wells. No flies on that. That depends on what it costs…tag:gohaynesvilleshale.com,2009-02-21:2117179:Comment:4684972009-02-21T17:59:14.801ZJay Murrellhttps://gohaynesvilleshale.com/profile/JayMurrell
That depends on what it costs you to get them do do what they agreed to do.
That depends on what it costs you to get them do do what they agreed to do. Jay,
But I think it is the BI…tag:gohaynesvilleshale.com,2009-02-21:2117179:Comment:4683852009-02-21T17:05:05.361ZBirdDawg, plain ole' idiothttps://gohaynesvilleshale.com/profile/BirdDawg
Jay,<br />
But I think it is the BIG HALF. And they can not keep from paying the royalty owners.<br />
Give me a company that has experience drilling a horizontal shale well any day.
Jay,<br />
But I think it is the BIG HALF. And they can not keep from paying the royalty owners.<br />
Give me a company that has experience drilling a horizontal shale well any day. I'm not saying don't buy the…tag:gohaynesvilleshale.com,2009-02-21:2117179:Comment:4675192009-02-21T03:50:19.703ZJay Murrellhttps://gohaynesvilleshale.com/profile/JayMurrell
I'm not saying don't buy the stock. I understand they are well managed and, as far as I know, they are as good an investment as any other in their class.<br />
<br />
I'm just saying that I would not advise anybody to enter into a contractual agreement with them, because, in my experience, they do not abide by the terms of agreements to which they are a party.
I'm not saying don't buy the stock. I understand they are well managed and, as far as I know, they are as good an investment as any other in their class.<br />
<br />
I'm just saying that I would not advise anybody to enter into a contractual agreement with them, because, in my experience, they do not abide by the terms of agreements to which they are a party.