Kassi

we are in the broadacres rd area, signed a letter of intent 05/13/2008, have not signed lease. price has gone up more than double since then. I need the name and phone # of a Chesapeake rep. XTO in in here now offering more money.

So, is it better to negotiate lease clauses and lease terms as a group? This particular group was going to have everyone negotiate their own lease beyond the bonus and length of lease. My belief is that when each owner starts nego. their lease that O&G is going to say "well, we can't do that unless we give you less money or interest". One of the contingents of this agreement was the "proper execution of a lease". I'm not sure that gives the owner an out or not. Below this it stated that it was a legally binding agreement between both parties. I don't have the document because the person heading up the group didn't want anyone to take it and use it to get other offers. Like I've seen you post before, there is more to it than the upfront money and royalities, you've got to protect yourself and your land. Again, it seems better to get the clauses and lease terms verified as a group before signing anything that says it is legally binding. This agreement also requires a certain percent of the landowers to sign or they would get less money.

we signed with clayton petro. out of layafette may 13th
and a good group still don't have a lease form. won't sign now anyway. We have land in sec 23 and 26 t17 r15
caddo parish. thanks 294-6406

I e-mailed the contact from chesapeake and he has responded. thanks so much.

I just joined this group "North Park Estates", the ideal is to use people in the group to do most of the footwork, but when it get down to what
a final lease should include, we are thinking about getting some outside help....
I heard you were forming a consulting group..if thats true, let me know & I will throw your name in the hat when it comes down to the nitty gritty.

Kassi,

Just found out from the LA Times you're an RN. So am I, so I know NOTHING about this business.

How is the consulting business going? I would be willing to pay for your knowledge. What are your fees?

Thanks in advance,

Kevin H.

Kassi, I work with one of the people in Stonewall in your group. He has been keeping me up to date on discussions that you have had. I am part of a group of landowners in Grand Cane with 60 acres on West K-Jon (section 22, Township 13North, Range 14West). I understand that you have received a call from the VP at Petrohawk and informed her of the August 4th deadline. Please keep our group in mind when negotiating. I will inform the landowners in our group about this message to you.

Thanks,
Mark Causey

Ms. Kassi, thanks for linking. Really like your open, pro-active, and knowledge-driven posts. Life out of state, but land in De Soto Parish and have a keen interest. All best.

Kassi, I have heard that you guys are having a meeting tonight at 6:30 in the Desoto School gymnasium. I would like to attend on the behalf of our 60 acre group in Grand Cane and meet you. Please give me a call @ 688-5351 this morning.

Mark Causey

No problem, have a good weekend.

Kassi, Great for a first timmer, I can tell that you have the heart of a true fighter, I don't see where you get the time with a full time job and the other full time job, your family. I am not that good of a manager. I live in southern Bienville Parish and I have just started to talk to a few people who live here or have land here about comming togeather with some good responses.
They are doing a 3-D shoot in my area now. Thus far no land man has been around yet that I am aware of. I don't know very much about the business, but I do know this much, without people comming togeather, all will not win! I will start off by putting up flyers in Saline and have this web site on there and see if we can increase the parish group and start everyone into the information gathering process.
My work takes me throughout 10 parishes in nw La. so I get to see alot and talk to alot people about the HS, I gusss what I am trying to say is that we need another Kassi around here, so just clone yourself and give me a call, lol. Really, any advice would be a great help and I would truly be in your debt.
Jim

Kassi, Regarding your new effort at Cedar Grove -- good for you. If I were down there, I'd help you out. You go, girl. This is a great thing to take on.

Not a problem.

Section 3, Township 16 North, Range 8 West, Bienville Parish

I appreciate your efforts on my behalf. In regards to the contracts that you have on the web site, are these actual contracts that the land men accept? May I print them out and use them in my negotiations? (in the event I am ever approached). Thanks again
Philip

Hey Kassi,

I hope that everything is going great for you and your family. I did not know if you read it yet but the Petrohawk landman is supposed to let me know on Monday what sections PK will have an interest in for our area. It seems that PK has scaled back their leasing. The landman told me that PK is now only interested in leasing in sections where PK already has at least 160 acres under lease already. He said that now PK wants to concentrate on leases in section only where PK may in the future become an operator. I also find out Monday what interest J-W has and what their lease terms will be.

Yes, instead of the "land grab", they are going to concentrate on the areas where they do not have to compete with each other for the leases. They were able to come in and obtain a headstart in some sections and now they seem to be wanting to "fill in the blanks" in the sections where they are already established. It is just the same way that all the other o/g companies usually do, it is like an unwritten code or something. If El Paso has started leasing an area, Winchester will shy away from there. Without the majority in the sections, the acreage won't do the o/g a lot of good right now. I do expect that things will change again, and probably not too far from now.

I will email you the sections and also the lease offers when I receive the info next week. If you want a J-W contact, I have the number for the guy that only handles 400 acres and up and I also have the contact info for the guy that handles smaller tracts. I left some comments on ShaleGeo's page about the horizontals that are now planned for the sections next to me.

Have a great weekend!

Kassi, Do you know anyone who would be good to speak to a group from Sabine Parish, Toledo Bend Lake Assoc.?

Kassi,

I just read you letter of intent blog. And my heart truly goes out to you and others in your area.

I've e-mailed Jay several times tonight and told him about "our" disagreements.

I have composed a response to you several times over and over, but never could get it right in my head. I could tell by your postings that you do want to help people.

The only problem that I had was the "consulting" part. It just seemed to me that if it was wrong at 4-5% then it is wrong at 2%.

I think that you are someone who will become and expert in this area one way or another. I truly do wish you well. Maybe you will start a class through the Community College or something along those lines. You have a wealth of information.

I have made many mistakes in land transactions and learned by lots of hard knocks. I still know that there will always be so much that I don't know. Oil and Gas is definitely not my expertise. Although like yourself, I am trying to learn every aspect that is possible.

One of my favorite quotes is by Galileo, he said, "I have never met a man who knew so little that I did not have something I could learn from him."

I was not trying to attack you personally. Please try to understand my view point. You yourself were upset by people who were charging a % for negotiations. There is so much to understand that I felt like a "consultant" should be someone who has experience in oil and gas. This is just my opinion.

I am sorry that I did not find a better way to put my disagreement with you at the time. I hope that you can understand my viewpoint and that we can move forward.

I sincerely wish you well.

Kassi,

I am so sorry to hear what has happened with your leasing efforts in your section. I truly hope that it works out favorably for you and your family.

I am not sure it this would help you or not, but I will let you decide.

The you are probably aware of, Carter Oil later became Standard Oil. The University of Texas-Austin has business related documents (audits, acquisitions, inventory, expense acct., etc.) for Standard Oil's history, dating back to the 50's. I do not know what is contained in those documents, or if they will be of any help. It may be a long-shot, but I thought I would at least let you know. I wish you luck.

Hey there Kassi,

I still feel terrible for your and your family. It is hard to believe that such unexpected bad news can happen to someone who worked so hard for her family, loved ones and friends.

On my end, it looks like we won't be going out to eat this weekend either. LOL I am still just waiting on the landman.

Thank you again for everything and my family wishes yours well.

Concentrate on this sentence

'To get something you never had, you have to do something you never did' When God takes something from your grasp, He's not punishing you, but merely opening your hands to receive something better. Concentrate on this sentence.....

'The will of God will never take you where the Grace of God will not protect you.

Hi Kassi, just wanted to stop by a say, "You rock!" Hats off to you! I follow your posts everyonce in awhile, and I wish I had more perserverance to follow you all the way. My interests are in Shelby County, TX and I only found out about them just over a month ago. I have some family, and the surface land owner as well, working together. I wish there was a group out of Center formed, because it seems really great what you have accomplished. I wish I was able to do what you have done, but I don't feel that I am the person to do it. I'm adding you as a friend, with the hopes that it will make it easier to follow your tracks better. Continued well wishes on your adventure!

Kassi, How r u? I was reading all what u have written!!! I am so sorry about what u r going through!!! Praying for u!!! Hope it all turn out ok 4-u!!!

That is awesome all the hard work you put in for your neighbors and community. I hope things turn back to your favor. God Bless You!

Kassi, Hi r u? R u doing ok? Hope so, I am praying for u!!! Hope everything goes well 4-u!!!

Kassi, I was so broken hearted for you after reading your" funny thing happened NOT"entry. I had to read it to my husband it was so frustrating to hear what happened. Your attitude/reaction to what was thrown your way is so great though. To use the cliche' you are making lemonade out of lemons and I know it wasn't easy to do. Working thru the frustration and grief.
Thankfully, it's not over yet, and I am hopeing and praying for some good news for you and the other families that were effected by the old lease. I hope I will be celebrating along with you. I'm thinking maybe a good oil and gas attorney may be able to help with this. Please let us know as all of us here that have read your blog about it, are ROOTING for you!
Blessings,
Sarah

Hi Kassi,
Wouldn't Randy do it for his hourly fee?

Hi Kassi,

You could get an attorney to handle it for 25% (I am guessing - based on the Q. Hood).

But why would you go with an unproven entity.

If not Mr. Davidson, I wouldn't deal with anyone else unless they are AV rated for Oil ang Gas.

But as always, just my humble opinion.

I'm using Mr. Davidson.

Hi Kassi,
I was given an offer today and never heard of the company and was wanting to see if you have any input on them. He is an agent for Crownpointe Acquisitions, LLC. He offered me $9000 for 3 years with 25%. I am in Township 18 Range 14 Section 30. Thanks in advance for any help you can give.

Carol

I only have .87 ac. Not much...

My community sent out a paper stating that 230 people have already signed with them, i just got an email from the gentleman asking if he could meet with us on Friday to sign. To me it's kind of sudden if you know what i mean.
What is a lease flipper?

I read an article from Shreveport Times about your difficulties with Section 28 issues... I'm not sure but I may be in the same section. Section 28 of T16N R14W are we neighbors?

Hope y'all made out alright in the storm. We lost power but didn't have any damage.

Kassi,
Thanks
Ann W.

Kassi, you ever heard of non-consent? Is this the same as being pooled unsigned?

Kassi-

Thanks for all of your input on the site. I thought you might be knowledgable about lease/bonus amounts that are currently out in the market.

We have property in the Stonewall/Keithville area of DeSoto and have received an offer of 15k/acre from Chesapeake. We have pushed back on this as we are in discussions with some other players. What is your sense for what is market in N. DeSoto at this time? 20K or 20+ or below 20K?

Any thoughts are greatly appreciated.

Kassi, is Sec. 21 of T15N R14W held by production with your area? I am asking because some friends of ours live on Dalton Rd. and have heard that rumor. They and some of their neighbors DID NOT sign with Sunland when they drilled the shallow wells in 2005. Our friends did sign a lease in May of this year and are concerned because no one has applied to drill their area when there is drilling going on all around them

FYI-I left a comment on your latest blog, not realizing it was a blog. I can reissue as a discussion of you don't approve the post.

Kassi, Keep me posted on your group's efforts on HBP. I would be interested in having our 103 acres included. How do I go about getting it included? Also, was Randy Davidson the attorney you used to review your attachments etc? Thanks TCBDS3

Kassi, Hi.

Boone is going to be in Shreveport October 22. It would make a wonderful blog event. Mike Johnston, our top blogger and a recently commissioned lieutenant, (in Boone's Boone Cam series), would be a fine liasiaon to work with. I think your styles would compliment each other. Mike is also a Pickens Plan Campaign Ambassador.

Pat Jack
Pickens Plan Ambassador

Kassi,

I love your blogs.

Pat

Dear Kassi,
My wifes family has 14 acres in the small town of funston. It is about 1 mile east of logansport .They were approached by landmen from Maverick Land Services out
of Marshall. we recently found out that they leased from their elderly mother earlier this year for $ 200 per acre .Now they are back offering $5000 Iithe yper acre. The landmen talked to some members and they are trying to get everyone to sign by friday.They have gone as far as to show up on a family members job to try to make them sign. They really should be ashamed to come back to the same family after basically stealing the large acreage from their mom. Now they are trying to play hardball and tell them if they don't sign by friday the deal is off the table. I just want your take on Maverick land services.

Kassi:

I have a letter from Cajun Exploration wanting us to sign over permission to do a 3-D Geophysical Survey on our property. I want to add additional wording to protect my property from damages. Do you have any wording I could include as an addendum to my permission? I also want prior notice before they come on my property.

Just dropping by to say hello. Have one "shale" of a day. Also, there some new profile questions. Check those out by clicking HERE. We are also coming up on our 10,000th member. Be sure to celebrate with me. Click HERE for more about that.

Hello Ms. Kassi, Just read about your friend's death. I'm sorry. But, I'm confident her love and spirt lives on as she is now soaring with the angels. Bonnie

i saw the Haynesville special last night on MSNBC....don't frequent this site as much as I did in 2008....still a unleased mineral owner in Caddo. ..is there a site where I can get more up to date on your EXXon suit? P.S. I recently discovered Chris Botti...I like him too. The best of luck & prayers.

Thank You Note