Would you consider posting your ROW information as a permanent part of the site, like the information at the bottom of the page submitted by Kassi and insomniacinnla?
It is extremely helpful to have an outline of items to discuss.
I still believe everyone should approach this with an attorney's assistance.
Eric Camp,
You replied to me that you are & O&G attorney out of Fort Worth. I spoke with landman today and he told me that Chesapeake was not going to pay the draft that is due Dec. 9th. We had a very quick and pleasant negotiation with landman to get to $12,000 per acre. Now he tells me that the draft will not be paid and that they want to issue a new draft for $1,500 per acre, another 45 day draft. They have already recorded the lease at the Harrison County Court House (per the landman). I have not verified this. I am making a trip to Marshall on 12/12 and plan to check this out for myself. He stated that no one is offering more than $250 per acre now and I should grab the $1,500. As if they might change their mind again. Any suggestions?
Marshall Girl
Eric,
I went to Marshall and found that the lease was recorded on 10/27/08. Checked at bank in Marshall for one of the heirs and draft has not been paid. Now have been offered $2500 from landman.
MarshallGirl
Thank you for your reply. Only Sansom has offerd $200 an acre. I spoke with Penn Virginia who were leasing across the road, on South Hwy. 80, but he said $5000 was their top offer and this was at the same time Chesapeake offered $12,000, in August. The land is 12 acres in the H. Blossom A-1 Survey, 4A. It is located on the North side of Hwy. 80 in Harrison County, 5 miles east of Marshall. I know the $7500 per person is not bad, but a far cry from $36,000. My husband is an heir and he is 72, his uncle is 84, and two aunts in their 80's. His uncle is in very poor health and I am sure he will not see royalty payments, especially since this is a 5 year lease. This renegotiation is about the send him over the edge, and I feel so sorry for him. Just don't know how to adivse him. We are also being told that we must accept a 45 day draft (again), no other options.
Bobi Carr ("parker")
Would you consider posting your ROW information as a permanent part of the site, like the information at the bottom of the page submitted by Kassi and insomniacinnla?
It is extremely helpful to have an outline of items to discuss.
I still believe everyone should approach this with an attorney's assistance.
Oct 30, 2008
MarshallGirl
You replied to me that you are & O&G attorney out of Fort Worth. I spoke with landman today and he told me that Chesapeake was not going to pay the draft that is due Dec. 9th. We had a very quick and pleasant negotiation with landman to get to $12,000 per acre. Now he tells me that the draft will not be paid and that they want to issue a new draft for $1,500 per acre, another 45 day draft. They have already recorded the lease at the Harrison County Court House (per the landman). I have not verified this. I am making a trip to Marshall on 12/12 and plan to check this out for myself. He stated that no one is offering more than $250 per acre now and I should grab the $1,500. As if they might change their mind again. Any suggestions?
Marshall Girl
Dec 3, 2008
MarshallGirl
I went to Marshall and found that the lease was recorded on 10/27/08. Checked at bank in Marshall for one of the heirs and draft has not been paid. Now have been offered $2500 from landman.
MarshallGirl
Dec 13, 2008
MarshallGirl
Dec 15, 2008
intrepid
Dec 20, 2008
intrepid
Dec 21, 2008