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Permalink Reply by harley on July 17, 2009 at 9:37

I recieved my check saying it was a shut-in royalty payment dated June 5th. I have called Chesepeake to try and get some answers on it. They said they would have the man over this area to call me. This was last week. Not really expecting the call.

Permalink Reply by fox on August 1, 2009 at 5:21

GL--I dont believe that they have given up on this well.
#1--With Shut in pay, you assume that there is something there to get in the future. How long can they hold it without making a well?

#2--Does anyone know what the law is on this? They have speant a lot of money on this hole , just to quit on it. Wouldn't the lease end if they have quit on this hole? If not how long can it go on.
Most of the people"s lease would have run out early this year if they had not spudded the hole when they did.

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