landman

I was contacted today by Jude Clark wanting to extend my lease for 3 yrs. It does expire until Oct.31 2010. He was offering 1500 an acre but said they were planning to drill the first of next year. So why extend? My land is in sec3 t9n r11w can someone help??

Tags: lease

Replies to This Discussion

Permalink Reply by DJG on October 6, 2009 at 10:28

If they are serious about drilling, why not counter-offer for a 1 year lease only?

Permalink Reply by Stephen K. Pearce on October 22, 2009 at 7:43

Had an Encana man contact me with the same offer. My lawyer advised me to hold off. They are just trying to hold onto all they can before the prices go up. If they really plan to drill soon, why would they spend any more than they had to? Don't get in too much of a hurry.

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GoHaynesvilleShale.com (GHS) was launched in 2008 during a pivotal moment in the energy industry, when the Haynesville Shale formation—a massive natural gas reserve lying beneath parts of northwest Louisiana, east Texas, and southwest Arkansas—was beginning to attract national attention. The website was the brainchild of Keith Mauck, a landowner and entrepreneur who recognized a pressing need: landowners in the region had little access to…

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About 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	Links About General Info Guidelines Supporters Donate Advertise Subscriptions Contact us

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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

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