Ok I am new to all this so any help will be appreciated! I own one acre in Keithville and no one has ever approached us to lease so we didn't. We were donated this property from our parents in 2006 and they live next door. They signed a lease and have been receiving royalties for months now. We own our minerals so I know thats not the problem but we still have not recieved anything from chesapeake. I'm just not sure what route I need to take to find out whats going on. Any information is greatly appreciated..
Thanks,
Crystal
Good idea, but take a look at parents royalty amount before you make decision. You might want to remain unleased with working interest position. Any way you go you are in a great position, I think.
When I had similar experience with Fina 10 years ago all it took was a phone call to Fina and I opted for Working Interest. And I am very glad I did. They offered to lease but I preferred WI arangement .
I well know that every operator is different as I have dealt with many.