My lease expires in July. I leased for three years with two year option with the same bonus amount I received for the first three years. Since I am receiving royalties check, do the two year option still apply and am I still intitled to another bonus. The contract say I do if Im reading correctly. Also, I am suppose to have free royalties, but money is being deducted for fuel and gathering.
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As exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More