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Permalink Reply by MCH on June 19, 2012 at 15:04

Thank you for replying.  I wasn't so concerned with the lease offer as I was with the percentage.  As I understand it, since it is a release, it is not negotiable. Right?    I certainly do not want to be force pooled, as I have experienced that in the past on other property.  When I spoke to the landman I tried to ask for a larger percentage, and he said it wasn't negotiable.  I didn't add in a lower bonus, though.  I could come back with that.  Certainly the money is to be made over the long haul, not the initial money. I know one of my neighbors has already resigned with Encana with the same lease as before.

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Permalink Reply by Bobi Carr ("parker") on June 19, 2012 at 15:44

Good luck getting a higher percentage with ECA for property in South Bossier.  I tried the first go round and tried again this time.  I figured BPH/Petrohawk would be interested in such a large tract but they weren't.  At one point they were even planning on putting the well site on my property and STILL would not go higher than the 22.5%.

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Permalink Reply by Sligo on May 24, 2012 at 16:29

I am interested to know what section you are in. I just checked the Sonris site and did not see any 990 acre units. What is the name of the unit? 

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