Replies to This Discussion

Permalink Reply by Ben Barnhill on December 17, 2013 at 5:21

Got the same letter from Kingfisher. I am totally ignorant on the oil and gas stuff. SWN has a lease on my mom's property signed by my dad back in 2009. Both my dad and mom passed away since, leaving my sister and I as heirs.

I called those guys as well and got the same "hello" greeting. It took me by surprise as I expected to get a secretary/receptionist. Not judging them, just seems odd. My question to them was why only my name appeared on the letter/form. The answer was that a separate letter went out to each "grantor" so my sister will receive a letter directed to her.

Back to Jim's post, when you say $75/hole, does that mean that they the "geophysical operations" requested means they will drilling multiple bore holes and they formerly paid out at that $75/hole? Was that in addition to a $ per acre payment as well?

I only have 126 acres which is a far cry from 3000, but I am sort of in the mindset that I am not looking to profit much from a $5/acre payment. I am more interested in this being a preparatory step to SWN drilling in the area. I know there is no guarantee they are going to drill on our property, but this does look like a promising development.

FYI, the guy I talked to at Kingfisher said they weren't planning on starting Geophysical Operations there until June 2014.

Permalink Reply by BLZBub on December 17, 2013 at 8:26

Reason for "hello" is probably that he's a sandman representing Kingfisher.

Permalink Reply by Land Rat on December 17, 2013 at 10:15

Sandman. i like that, i think i am going to put that on my business cards.