I agree with Mr. Sunday. Doing things legal and legitimate should be the way you do things. Your family should be happy that the interest have stayed in the family. If they chose to sell then that was their perogative. It reminds me of like when my grandparents died. There was a clear, hand written will by my grandmother. But....... People are stupid and act before they think. the arguments that took place were frankly embarrassing and childish. I was the youngest of seven and I was like 20 at the time. So , not just your family sucks, but many do!!! Congrats and good luck!! I think it was fortunate that you were able to do that!! I wish I had the money to buy my siblings out!! LOL People are so weird and stupid at the same time.
Funny Chloe !!
Thanks... yeah I lucked out because I was old enough to move funds without any penalties, otherwise not sure what the outcome would be. Ran into the same thing when we sold my parents property out here in Oregon after they passed. We divided everything three ways AFTER I paid the burial cost, outstanding bills, filing cost and Realtor fees out of the Gross amount, both my brother and sister felt that all of that should have come out of my share since I was the Executor of their Will. Yup, some People are just weird and stupid at the same time. Thanks Guys!
More layers of shale gas ... I think 13 in San Augustine...
I have several hundred acres under lease to XTO (William Humphreys and JH Fox Survey). The Humphreys survey has a single well (Borders Q) that has been active but producing very little.
Over the past several months several groups have reached out to purchase the parcels for a decent amount of $$. This tells me someone knows something that I don't. After doing some research I came across the Blackstone agreement with XTO to increase production in the area.
https://www.rigzone.com/news/black_stone_minerals_xto_ink_shelby_tr...
Does anyone know of specific of general information on the impact this Blackstone deal will have on William Humphreys (San Augustine) and JH Fox Survey (Shelby)?
http://gis.rrc.texas.gov/GISViewer/index.html?api=40530394
Hopefully new production will come online.
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
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AboutAs 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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