EOG's Lease Proposal - GoHaynesvilleShale.com2024-03-28T09:14:19Zhttps://gohaynesvilleshale.com/forum/topics/eogs-lease-proposal?groupUrl=adubu&feed=yes&xn_auth=noYou should be able to get a 2…tag:gohaynesvilleshale.com,2012-10-17:2117179:Comment:27300482012-10-17T04:07:32.928ZJ B Naborshttps://gohaynesvilleshale.com/profile/JBNabors
<p>You should be able to get a 25% royalty and a larger bonus. <strong>SEE an O&G Attorney</strong> before signing anything. The royalty percentage is significantly more important than the leasing bonus, although you should be able to improve both sides of your offer.</p>
<p>Don't be in a hurry to sign. Time is on your side--as the play develops around you, you will get a better view of what is there, and how much it is worth. NEVER sign the first lease they offer you. </p>
<p>You should be able to get a 25% royalty and a larger bonus. <strong>SEE an O&G Attorney</strong> before signing anything. The royalty percentage is significantly more important than the leasing bonus, although you should be able to improve both sides of your offer.</p>
<p>Don't be in a hurry to sign. Time is on your side--as the play develops around you, you will get a better view of what is there, and how much it is worth. NEVER sign the first lease they offer you. </p> Thanks Mike. Great informatio…tag:gohaynesvilleshale.com,2010-11-16:2117179:Comment:16556812010-11-16T17:07:30.975ZJan Childresshttps://gohaynesvilleshale.com/profile/JanChildress
Thanks Mike. Great information...can't wait to read the whole doc. We are 5 miles east of Nacogdoches (1/5th of 336 acres) and got a call from EOG landman yesterday regarding our ownership interest. No offers or suggestion of offers (and I didn't ask) she just needed to verify information. I guess it's coming our way. :)
Thanks Mike. Great information...can't wait to read the whole doc. We are 5 miles east of Nacogdoches (1/5th of 336 acres) and got a call from EOG landman yesterday regarding our ownership interest. No offers or suggestion of offers (and I didn't ask) she just needed to verify information. I guess it's coming our way. :) Many thanks for all the advic…tag:gohaynesvilleshale.com,2010-08-16:2117179:Comment:15124762010-08-16T11:15:22.824ZElaine Callahanhttps://gohaynesvilleshale.com/profile/ElaineCallahan
Many thanks for all the advice....still got my mineral rights! Have a fantastic day!
Many thanks for all the advice....still got my mineral rights! Have a fantastic day! An offer to purchase mineral…tag:gohaynesvilleshale.com,2010-08-12:2117179:Comment:15060012010-08-12T15:29:42.529Zjffree1https://gohaynesvilleshale.com/profile/jffree1
An offer to purchase mineral rights is asking for a permanent conveyance of title to the minerals. You would receive the purchase price agreed on and you would no longer own those minerals described in the conveyance.<br />
<br />
A lease gives the Lessee the right to produce within a specified length of time. If no production is realized, within the term specified, all mineral rights revert back to the Lessor. If there is production, within the terms of the lease, the Lessee keeps the minerals as long as…
An offer to purchase mineral rights is asking for a permanent conveyance of title to the minerals. You would receive the purchase price agreed on and you would no longer own those minerals described in the conveyance.<br />
<br />
A lease gives the Lessee the right to produce within a specified length of time. If no production is realized, within the term specified, all mineral rights revert back to the Lessor. If there is production, within the terms of the lease, the Lessee keeps the minerals as long as there is production and pays the Lessor (you) royalties for your agreed on share of that production. Good Morning,
Still have not…tag:gohaynesvilleshale.com,2010-08-12:2117179:Comment:15059032010-08-12T14:35:32.935ZElaine Callahanhttps://gohaynesvilleshale.com/profile/ElaineCallahan
Good Morning,<br />
<br />
Still have not leased my 30 acres, but have received a letter yesterday from Athem Oil & Gas, Inc. asking about buying my mineral/royalty interests. I'm not sure what the difference is from a normal lease for a specific time. Can anyone give me any information?<br />
<br />
Thanks for all the educational about these things.
Good Morning,<br />
<br />
Still have not leased my 30 acres, but have received a letter yesterday from Athem Oil & Gas, Inc. asking about buying my mineral/royalty interests. I'm not sure what the difference is from a normal lease for a specific time. Can anyone give me any information?<br />
<br />
Thanks for all the educational about these things. Who are you working with? EOG…tag:gohaynesvilleshale.com,2010-08-10:2117179:Comment:15031732010-08-10T17:57:47.448ZElaine Callahanhttps://gohaynesvilleshale.com/profile/ElaineCallahan
Who are you working with? EOG? Does your 6 acres border where they have already found "oil or gas"?
Who are you working with? EOG? Does your 6 acres border where they have already found "oil or gas"? You might want to check out t…tag:gohaynesvilleshale.com,2010-08-10:2117179:Comment:15030362010-08-10T16:32:56.246ZNacmanhttps://gohaynesvilleshale.com/profile/ACowan
You might want to check out the Oil and Gas Royalty discussion. Don't confuse lease bonus with offers to buy your minerals. Apparently, the J. Cherino Survey area is very hot.
You might want to check out the Oil and Gas Royalty discussion. Don't confuse lease bonus with offers to buy your minerals. Apparently, the J. Cherino Survey area is very hot. We were offered $500 and told…tag:gohaynesvilleshale.com,2010-08-05:2117179:Comment:14954452010-08-05T23:30:57.814ZEDBBhttps://gohaynesvilleshale.com/profile/Shelbycountian
We were offered $500 and told them we were not interested so they came back to $1000 and 22.5% royalty. THis is in east nac county green pleasant survey. We only have 6 mineral acres. Have not heard of confidentiality clause. Anybody else got better offers before we take this?
We were offered $500 and told them we were not interested so they came back to $1000 and 22.5% royalty. THis is in east nac county green pleasant survey. We only have 6 mineral acres. Have not heard of confidentiality clause. Anybody else got better offers before we take this? We have been approached on a…tag:gohaynesvilleshale.com,2010-06-08:2117179:Comment:13788302010-06-08T20:57:57.450ZHeadlyhttps://gohaynesvilleshale.com/profile/johnhanley
We have been approached on a new lease - top over - our current one expires in October. We have been offered 25% royalty but not talking bonus until we get closer to expiration. In Mora 827.
We have been approached on a new lease - top over - our current one expires in October. We have been offered 25% royalty but not talking bonus until we get closer to expiration. In Mora 827. Anyone have current bonus and…tag:gohaynesvilleshale.com,2010-06-08:2117179:Comment:13781852010-06-08T16:00:40.511ZNacmanhttps://gohaynesvilleshale.com/profile/ACowan
Anyone have current bonus and royalty offers from EOG in Nac County? Also, EOG asked for confidentiality clause in our lease offer. Anyone else see this? Seems to work against mineral owners sharing info.
Anyone have current bonus and royalty offers from EOG in Nac County? Also, EOG asked for confidentiality clause in our lease offer. Anyone else see this? Seems to work against mineral owners sharing info.