Replies to This Discussion

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on March 3, 2013 at 7:22

No current activity in that vicinity.

landownerPermalink Reply by Dee Johnson on April 30, 2013 at 8:57

Drill baby Drill !!!!!!!!!!!!

landownerPermalink Reply by Dee Johnson on August 14, 2013 at 12:04

just checking in again :)

landownerPermalink Reply by Dee Johnson on September 16, 2013 at 13:35

Our lease with CHK is up in December, hope some other company makes an offer.  Wondering if they did, could I make my own stipulations regarding my portion of a lease?

 

landownerPermalink Reply by Dee Johnson on September 16, 2013 at 13:55

If our lease with CHK is up in December, with the 2 yr option to renew, do we have to sign with CHK?  I have only heard that CHK owns this section and is doing nothing lately, nor does it sound like they will.

Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on September 16, 2013 at 14:02

Dee, the extension clause in your lease is CHK's to exercise, or not.  That right was granted when the lease was executed.  At this point I don't think CHK or any other company is interested in developing your area.  That may change some time in the future.  You should just wait until you get another offer.

landownerPermalink Reply by Dee Johnson on September 16, 2013 at 14:47

Thanks Skip :)