CR

Thats a great pic, LOL

Yes,
It is (160 acres) March or April this year; my siblings and I received a letter from BEUSE Energy offering a bonus pay of $687.00 for our lease. Our aunties (Shreveport, LA residents) was apparently approached by this company and decided to sign with them and provided them with our contact information since my mom died a year earlier. So naturally; I signed because I assumed that my aunts were well informed about the contractual agreement.

In early August I received a phone call from my aunt advising us that we was deceived by the company and that while we was offered $687.00 for the leasing of our property we are instead receiving news that others owning the same type of property in the same area has been offered more like $10,000 to $30,000 per acre.

Shortly following the phone call a letter employing an attorney was mailed to my family and we signed an agreement to employ this lawyer. We have not heard anything regarding this issue and our aunties are not talking about it. In fact, my sisters called and were told not to contact them about this issue. I never called, but I researched for information and I am both motivated about the potential of financial freedom while at the same time concern that we have been robbed and there is no way we will have an opportunity to recover. I just feel like my sisters and brothers are being left in the dark. We are not rich and trying to recover from Hurricane Ike has not been easy for my siblings in Texas.

Good luck Rozzy and welcome to this crazy crazy Haynesville Shale world. We are glad to have you.
You may be our most glamorous member. Your picture is incredible. I am jealous of your beauty!!!

Yes,
The attorney's name is R. Cody Mayo Jr. and there is no interest in the royalty. I am looking at the contract right now. Thank you for the advice and knowledge.

Wow, thank you. I will have a meeting with my brothers and sisters to see what we can do about obtaining another attorney. This is worrying me.

That is a great ideal, problem is; it is hard to receive a callback from the law firm, also I will need to sell the idea to other family members to change attorney.

Thank you

I had an opportunity to speak to a O/G attorney today. Keep your fingers crossed for me Please.

I approved 2 out of the 3. The 3rd one, all I can say is wow. But, you can post all pic in your"text box" it is located directly above..you can upload images. I had to change the picture policy to just include shale related...i added a progile question on it last week. Thanks!

CR, I left a message on the Red River parish site about going non-consent. I may not have explained it as well as I could. But, if you go to the homepage of this site, and look under "Featured Discussions" and under "Forced Pooling," you'll see a long thread on this topic. I think the only mis-information you might find in there is some people say it's a 200% penalty for going non-consent (i.e., the driller gets his expenses plus another 100% for risk). I think most people agree that for a landowner, the penalty is only 100% (the driller gets to recoup his expenses, and no risk extra).

CR, Yes, we've all dealt with snarky landmen and gas companies behind them. I'm hoping my stuff all wraps up within a week or so, and I get my cash and move on. It's been a real learning experience -- not just about gas and leasing, but human nature too.

CR -- I just realized... I think I'm in the same group of landowners with you. It was those snarky landmen that drove me to your group. I want to thank your group for taking me.

I doubt it. I don't think you could buy an acre with minerals. But lookie here, my brother just signed with Chs on his little 2/10 acre lot on Blom Blvd. I think they got 15K/acre. I think he'll get $3000. But it's all good.
I got to go to the Dr. Jimbo is here and says hey. I'll hollar at you later.

Somebody get me some of dem haynesville shells.

Hi CR, this leasing situation has turned into a mess over the past couple of months, hasn't it? I started researching the LA State Law Codes for Mineral rights when I realized that drilling was gonna progress without me and I wanted to know my rights once the drilling was done. I don't have a big problem missing the bonus money but I expect any company to honor my rights and pay me my part once any well in my section is put into operation.

There is a website, I think I typed in http://law.justia.com/louisiana/codes/15/86885.html, I believe that will pull up the LA Title 30 Mineral Codes. Pay close attention to RS 30:10, RS 30:103, 103.1, 103.2 and RS 30:104 as they pertain mostly to individual landowner rights. I hope this helps, also KB on this site is very well versed in the codes and has helped me and others with code advice so if you don't find what you need you might comment to KB for more help.