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Comment by Rozzy on August 17, 2011 at 14:26

I am signing Essay with Petrohawk/BHP.... I wanted to sign with Petrohawk for many years and really excited... Thank you so much for your comment.... :)

Comment by essay on August 17, 2011 at 8:44

you should be aware that the company in the process of buying petrohawk is BHP billiton, a huge aussie mining conglomerate.  actually if i'm not mistaken they're the largest mining conglomerate period.

 

that being said, between the two i'd take higher royalties over a higher bonus, especially not with some dodgy-seeming outfit giving the hard sell.

Comment by Rozzy on August 13, 2011 at 13:00

Thank you for your opinion this helps so much. My sisters are looking at the contract and the $10,212.00 Bonus and interested...   They are leaning closer that way... I will be lying if I tell you I don't want the money, but I want the high royalty more...  It would be nice if I had both... :/

Comment by HBP on August 13, 2011 at 12:16

1/4 royalty is the way, in my opinion.  I see alot of of check stubs for 3/16 leases and stubs for 1/4 leases and the extra 2k is not worth the lower royalty even at 3 net acres.

Comment by Rozzy on August 12, 2011 at 16:30

I am in Desoto Parish, where are you???

Comment by Brent on August 12, 2011 at 16:25

Rozzy what parish are you in?  What township and range are they offering this amount...Just wondering....Thanks...

Comment by Rozzy on August 12, 2011 at 14:36

GoshDarn,

I have copy/paste your comment and generating a message using some of the key messages you mentioned. I never considered those things. Thank you so much!

Comment by Rozzy on August 12, 2011 at 14:34

Thank you so much for your comments everyone I truly appreciate it....

Comment by Craig Wascom on August 12, 2011 at 13:16

Hi Rosie I am a in the big royalty camp. Really don't like the car salesman type that is all I would need to look elsewhere.

Comment by jffree1 on August 12, 2011 at 12:13

Rozzy, such a dilemma... hmmm, let me think (about 30 seconds).  I would go with the 1/4 royalty and ask for a bump on the bonus.  You might not get it but who knows?  Do you think they really expect folks to just sign on the initial offer? I'm sure, though, that they are probably always happy to oblige if/when someone does.  Plus, I always try to steer clear of the fast talkin' car salesmen types.