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The Lithium Connection to Shale Drilling
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
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I am glad that everything went your way. It seems that leasing has stopped for the moment around here and I know CHK withdrew offers. I think Arnie's offer was at the top for the north area. I will tell my neighbor that you got your check. Did your lease go to CHK? I don't need to pay Arnie any percentage if I lease after 11-1-08 (90 days) which doesn't appear to be a problem since companies have pulled back.
Helene
If you sign with Arnie, would you share the O & G company? My next door neighbor is working with them and she was told that it would take longer since she only had one acre.
I sent a fax to his office 8/1/08 that stated I no longer needed his services since I wasn't ready to lease at this time. According to the agreement, if I sign any lease in the next three months, I would still owe him his percentage on the bonus money. If I sign any lease in my section 21, I need to do it with CHK because they already have the majority of this section with their Cross Lake leasing.
Randy