RUMOR HAS IT...

HAS ANYBODY HEARD OF GROUPS BEING ABLE TO GET PEOPLE A BUMP UP IN ROYALTIES AND A FAIR BONUS SUPPLEMENT TO PEOPLE WHO SIGNED LEASES THE LAST COUPLE OF YEARS? A GROUP IN MY AREA IS MAKING THESE CLAIMS. ARE THEY GIVING FALSE HOPE OR HAS IT HAPPENED BEFORE? THEY CLAIM IT WAS A GROUP IN SOUTH CADDO.

Replies to This Discussion

Permalink Reply by Fran on September 17, 2008 at 11:43

I've heard rumors but for the most part all concrete evidence indicates that nothing can be done after the fact. I would be nice if it were possible though! I'm one of the ones that signed two years ago.

Permalink Reply by KAYBABY on September 22, 2008 at 4:42

I AM IN OIL AND GAS INDUSTRY; SORRY, YOU ARE UP THE CREEK

Permalink Reply by JHP on September 25, 2008 at 4:56

The only thing I have seen is a company is offering a one time lump sum payment for 1/8th of your royalties. The offer I saw was $6000.00 per acre.

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Tuscaloosa Trend Sits On Top Of Poorest Neighbourhood For Decades - Yet No Royalties Ever Paid To The Community -- Why??

In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.

This area has suffered immense environmental degradation…

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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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