In Aug. 2006 I signed a 3 yr lease with Empresa Energy. Two yrs later Camterra (I assume Camterra bought lease from Empresa) drills well #238542 which ends up plugged and abandoned. They then drill #240950 which is plugged and abandoned effective 10/15/2010. I can't find my copy of the lease but wouldn't the lease have expired due to lack of production?
Now I see that Chesapeake has drilled well #242347, which as of 3/14/2011 was waiting on frac. Does anyone have any info regarding activity in this section? How can I find out if I'm bound to a lease?
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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