CHK has applied to the Commissioner to replace XTO as operator of the following HA units in the Converse Field: HA RA SU77 - Section 21 - 9N -13W, HA RA SU83 - Section 15 - 9N -13W and HA RA SU84 - Section 22 - 9N - 13W,
Chesapeake is my "least favored" operator. They have been to court many many times for actions unfavorable to mineral owners. Examples: for failing to honor a "No Cost" clause in a lease, and for selling production to a subsidiary at below market prices. We have a well that is partly owned by Plains--and Chesapeake consistently pays significantly less per MCF than Plains for the same time period.
As 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