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.

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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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