Leases with renewal options
Our family signed leases with Chesapeake for properties located in P.W.Harvey, M.D.White and G.H.Patterson surveys. They are 3 yr leases dated in June 2009 and include options for 2 yr renewals. Since they expire this June, we would appreciate knowing if anyone is aware of Chesapeake renewing any similar leases. Thanks
Views: 374
Replies to This Discussion
-
Permalink Reply by Carter on -
Likely the renewal option will be allowed to expire by CHK with natty prices so low. There was a lot of variance in renewal bonus $$ over in that part of the county, depending on when you leased, but I don't see them coming into pick up a lot of new exploratory stuff in the current environment.
Still, you will not be tied up likely if things change over the next 6-12 months, and further you are fortunate to not have wells being pumped on you in such a bad climate.
-
Support GoHaynesvilleShale.com
Top Content
Blog Posts
History of GoHaynesvilleShale
The History of GoHaynesvilleShale.com
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…
ContinuePosted by Keith Mauck (Site Publisher) on May 21, 2025 at 6:00
Not a member? Get our email.
Groups
-
Bienville Parish, LA
246 members
-
North Caddo Parish
359 members
-
Cass County, TX
121 members
-
Nacogdoches County
193 members
-
Claiborne Parish
146 members
-
Natchitoches Parish
400 members
-
Rapides Parish
101 members
-
Fayetteville Shale
150 members
-
Harrison County
166 members
-
Franklin County, Texas
9 members
© 2025 Created by Keith Mauck (Site Publisher).
Powered by
