Oil & Gas Pro

leases

most land owners need to understand that an oil and gas lease is nothing more than an economical model. It must be fair to all. The oil company will need a chance to recover their money. Before the Company comes into the area they will have some idea of what the area will produce. The Company will spend a lot of money just doing the research necessary
to determine the ownership of the minerals in the area of interest. The Company will tell the landman / landwoman what the terms and price that they will except. It is then up to the landman and the mineral owner to come to terms.

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Oil & Gas ProPermalink Reply by Two Dogs, Pirate on February 3, 2009 at 15:05
He Ho He Ho, He Ho Ho Ho, way to go Mr Buck.

Oil & Gas ProPermalink Reply by Two Dogs, Pirate on February 3, 2009 at 15:23
Mr. Buck, I have been laughing for 15 minutes, Thanks I needed that.

Oil & Gas ProPermalink Reply by Two Dogs, Pirate on February 3, 2009 at 17:07
Bump
Permalink Reply by Joe Hahn on February 3, 2009 at 17:25
That's REAL FUNNY RIGHT THERE!!!! I don't care who you are. Don't know if it is original, but I would sure like permission to use it again if it is. LOL!!!!!

landownerPermalink Reply by intrepid on February 4, 2009 at 6:14
Buck, you should pay me for a new computer because I spit coffee all over mine when I read that.

Way to go, my friend!

landownerPermalink Reply by Big Daddy, bcnr on February 3, 2009 at 15:08
WOW Buck, that was harsh! Give the man a chance though, he may have some info and/or insight we can use one day. BTW have you had previous dealings with Mr. Ollie?

Oil & Gas ProPermalink Reply by Two Dogs, Pirate on February 3, 2009 at 15:12
Read his other posts.

landownerPermalink Reply by Big Daddy, bcnr on February 3, 2009 at 15:13
I did, I was being dryly sarcastic. LOL

landownerPermalink Reply by intrepid on February 4, 2009 at 6:16
Buck, I rated this thread with 5 stars because of your post.

landownerPermalink Reply by Annette on August 12, 2012 at 10:45

My family owns a few mineral acres and have had a title opinion done on one of the tracts of land; however the title opinion is fraught with inaccuracies. How can you be sure that the landman hired by the O & G company is experienced enough to know what they're doing when they have gotten vital information wrong?


Oil & Gas ProPermalink Reply by Andrew on August 12, 2012 at 12:11

Annette, I would start a new thread on the general forum about this. You may get a better response.

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