Replies to This Discussion

Permalink Reply by Tree Farmer on June 17, 2010 at 10:34

I believe they are interested in the Smackover layer. I can tell you that they will present you with a lease that is strictly in favor of the company. I had a landsman in Texas look over the lease they sent me and I was told it was a great lease for the company not the landowner. One example is they will pay you royalty after production cost are factored in. I believe you should not agree to post production. What comes out of the ground should be what your royalty should be based on.. It should be free and clear of post production expense. There were several other things that needed to be changed. I have indicated what changes I would need but have not heard back from the company. We will see how open they are to negotiation.

Permalink Reply by shaleshaleshale on June 17, 2010 at 11:27

thanks tree farmer!

very preliminary over here, just looking for as much info as possible... please post again once you have heard if they will comply with the changes you requested.

Permalink Reply by Mary Alison Anders Knighton on June 21, 2010 at 8:38

Hey,
I have signed with Pinebelt and would be happy to share my lease with ya'll. My Dad had ALOT of input and rewrote alot of it and they accpeted the changes. Whether my lease is very specific to land in Union Parish...I don't
think is totally is. As landowners we are in this together, so I have no problem with sharing my lease.
i have a hard copy and my landman will be sending it to my-email. I will have that sometime this week. I will get to ya'll, bear with me as I am in the process of moving my daughter to LSU. I hope I can be of some help.

Mary Alison :-)

1

Permalink Reply by Tree Farmer on June 21, 2010 at 16:47

I understand. LSU is a great school. Looking forward to receiving a copy of the lease.

Permalink Reply by judy hastedt on August 1, 2010 at 11:00

hi, did you get my correspondence? jh

Permalink Reply by RAY on July 5, 2010 at 18:06

Mary Alison, notice you offered to share a copy of your lease. I am a complete novice at this but just received lease from PB and from what I've read so far I am assuming it is definately in the O&G company favor.

IF willing to share, I can be reached at mstgvic@aol.com

Thanks, Ray

Permalink Reply by william mitcham on July 26, 2010 at 7:22

would very much appreciate copy of yor lease as we own land near you.

William Mitcham
Bernice, La 71222
318-372-9396
mitchamwilliam@yahoo.com

Permalink Reply by william mitcham on July 31, 2010 at 4:40

ARE YOU PATSY'S DAUGHTER

Permalink Reply by judy hastedt on August 1, 2010 at 11:02

hi, and could you let me look at your lease? judyhastedt
@gmail.com. we're just wrapping up and i think we have a good lease, but i SHOULD look at yours if you/re willing. thanks for you attitude. judy

Permalink Reply by Hollis Paul Lawrence on July 19, 2010 at 10:39

Mary, exercise caution when sharing legal documents with others.

Permalink Reply by Two Dogs, Pirate on July 19, 2010 at 11:05

The lease is probably of public record by now, unless they file a memorandum.

Permalink Reply by JB13 on July 28, 2010 at 12:37

Heard through a friend that offers have moved to $300 per acre.

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