Replies to This Discussion

Permalink Reply by Lin Taylor on July 25, 2008 at 16:35

If you live in Section 23, check your front door. The letters were placed there on Mon. 7/21/08. The landmen were taking "letters of intent to sign leases" around on Wed. & Thurs. of same week. If you weren't home, they left it on the door/porch. The offer is good until 8/30/08. If you want the offer, just mail in your letter of intent by then.

Permalink Reply by Randy on July 26, 2008 at 7:34

And nobody said, "Randy will you beat this offer?"

Sigh.

Permalink Reply by Trenna on July 26, 2008 at 8:10

Randy I believe you are with Twin Cities. Last offer we received in RiverBend was for 5500/25% for section 24. Why dont you come back and make us a reasonable offer not the 5500 and ppl might actually think about getting a good lease and signing it. You could try $25000 and 30% I consider that reasonable. I only speak for my property on that :) and I would sign with Chesapeake !

Permalink Reply by zmike on July 26, 2008 at 8:32

I believe randy works for twin cities also I believe there are many oil and gas reps. working this site and other sites. They are fairly easy to spot, "It;s always hurry up and get on board", or "Don't miss the boat" type responses.

Permalink Reply by Randy on July 26, 2008 at 8:44

I'm sorry my intention is not to rush anyone, ever. I don't think you will find one post from me that infers that you will 'miss out'.

My point in all of this is that if you have property in an area I am allowed by Chesapeake to lease, that if you provide me with an offer from another company I will beat that offer. 100% of the time.

Randy

Permalink Reply by Randy on July 26, 2008 at 8:42

I would like to point out that is a standard offer for individual lots. You will get a much better deal with a HOA. That is why you aren't seeing other companies purchasing individual lots. The overhead is HUGE. You put everything together and present us with a package deal we will beat any offer you have on the table.

Seeing as how half of your neighbors have signed a letter of intent (which is not legally binding actually) they may not want to pursue that anymore. :(

Randy

Permalink Reply by zmike on July 26, 2008 at 9:00

I didn't mean to come across negative. I've just always been taught never to take a contract that had anything to do with something I own lightly or hastily and to take my time and if it wasn't meant to be OH WELL, pardon the pun. Personally I believe there will be many holdouts when everybody sees what Bossier City get for their acres.

Permalink Reply by Randy on July 26, 2008 at 11:09

Monette I sent you a mail.

Permalink Reply by Lin Taylor on July 26, 2008 at 11:42

That's real interesting, Randy. In PT, the one & only offer we got from Twin Cities was for $1K/acre. Petrohawk offered $20K/acre; seems like they're more interested in signing us than Twin Cities. And now, you say you almost always beat someone else's offer? Hard to believe. PH says the letter of intent IS legally binding. Now, which is it?

Permalink Reply by CMI A1 on July 26, 2008 at 14:40

I like your style.

And if Petrohawk has the same authorization as Randy, (to beat a competitors offer 100% of the time) this could get interesting for you. That's where you want to be... seeing who will scream uncle first.

Permalink Reply by Randy on July 26, 2008 at 17:22

Yes someone will always scream first. Doesn't hurt yall any. :)

Typically it ends up people use who they like, just like the rest of the world.

Permalink Reply by M Mouse on July 27, 2008 at 9:49

Is there a map online available to find out the section #'s of the south Bossier area? Found one of them on Sonris but wasn't legible. Anyone know of another? Trying to find my sec.

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