Replies to This Discussion

Permalink Reply by MLE on February 28, 2011 at 11:33

I don't have any advice for you, but they could be shooting Seismic on behalf of the companies operating on your land. You probably don't have a depth clause releasing those depths not HBP, depending on how long ago it was that your family signed those leases.

Permalink Reply by Phillip Briggs on February 28, 2011 at 15:09

Dawson hasn't made it to my properties in NW Panola county.  They did go down some nearby properties two miles away.... which leads me to believe they've 'moved on'.  I would have let them survey for free, as I have a 240 acre unleased tract... having seismics on the property would be invaluable.

 

As far as your parents or grandparents signing vertical pugh clauses, I'll have to say good luck.  Most of the acreage in the county is HPB, and has been, for up to 60 years or more.  Only in the last 4 or 5 years have I seen VPC language... before, who 'knew'? 

Permalink Reply by Josh on March 1, 2011 at 3:00

Dawson is working for a group of operators. That group includes several operators in Panola County including Devon and XTO.

Permalink Reply by Michael Lauxman on March 22, 2011 at 5:37

$15/acre is what we accepted with a damage clause.  I'm planning on watching them pretty close. Not sure what to expect - so far the guy that came out and put blue and white flags all over was nice but..

They have (had) been up for over a month - I call that damage - it ruins the view. Dont mind a temporary marker but over a month - come on! dont want ugly blue and white markers all over the property.