We were offered $35.00 per acre. I'm concerned with damages. We have horses on this property and I would want to know if they restore the holes or do they at least alert you to where they are. Where we presently live in Nacogdoches County, was seismographed years age (according to a neighbor) and we now have a large hole, that we know is over 50' deep, we have had to put cross ties over it so the horses won't break a leg.
To R. Ward & Adubu......is the company Dawson? We have that clause in the contract that says if paying different price to someone else, they must pay us the same. We also put the damage clauses in our contract, we DID NOT sign the contract they sent....
That is what makes this sight soooo great, for the people (like myself) that do not know all the ends and outs of this business can compare situations to others in their area, obtain very knowlegable information from the many folks on here who do know and understand much more about this stuff.....Thanks to all of you who do take time out of your day to explain to "dummies" (meaning me)......LOL
Laurie
adubu, can't you ask for additional compensation, over the per acre pay, for each shot hole drilled on your land?
R. Ward, I have horses so I understand your concerns. I think I would, first, be having a conversation with the lease agent about those concerns. If you don't get satisfactory answers there... talk to your attorney about what your rights are and what language is needed for your protection. You might want to do that anyhow.
I don't think they are in the habit of closing the holes, at least on uninhabited rural acreage, and I don't know how they differ on active farm land. That is an issue that would have to be addressed in the lease to make it happen, I think.
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