Hey Haughton, hadnt talked to you in a while, I still need your sign, lol. Could you tell me if your friend on Rex was by himself or with the neighbors by him, and if this was chesapeake with the contract? Or someone else. Thanks, have a good one.
What is your S-T-R? Please go to my channel & tell me so I'll have it right there. I'm trying to find different sections, groups, & such. I'm in 5-18N-11W. Know anyone in or around this section? If you come across anyone, please let me know or tell them I'd like to hear from them. Thanks!
Linda, Taylor, and Haughton Area,
I too live in the area and attended the Love Chapel meeting. What were your thoughts? I am not too happy about the 4% of my bonus "catch" to the deal. It was stated that a 100 acres were already committed from sections 11&12 prior to this meeting. At $10k/acre they would already be looking at $40k. How much are attorney fees to look at one contract? This is only a small percentage of the 1280 acres combined in these sections which tells me to hold out or group with others that are not paying this 4%???? The O&G companies have already leased in our area with some so would this not mean that our area at some point will go active and thereby our minerals increase in value and be more aggressively pursued at a higher rate?
This is so early in the play that I feel many are jumping in way too soon and over the next 6-12 months bonuses here will be exactly like what Barnett Shale owners have come to expect. I only want a fair price for what I rightfully own. This isn't my SUV that I'm trying to sell, after all, this has real value.
Hi, I am much more in favor of joining a group than going it alone unless you have a lot of acreage. It is also important that you have someone representing you who knows about all of this. Email me at firstname.lastname@example.org
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