Comments - This is a warning to all who will heed. - GoHaynesvilleShale.com2024-03-29T08:53:22Zhttps://gohaynesvilleshale.com/profiles/comment/feed?attachedTo=2117179%3ABlogPost%3A481768&xn_auth=noLooks to me like the timeline…tag:gohaynesvilleshale.com,2009-03-14:2117179:Comment:5310972009-03-14T02:48:58.795ZLarry Thttps://gohaynesvilleshale.com/profile/LarryT
Looks to me like the timeline was when the stock market tanked and Chesapeake was struggling to make it, to be honest, the land company and other contractors was probably having trouble getting paid. Not good luck, for the land owner, but no harm done, since you did not lose your mineral rights. I also was in the middle of a deal with PetroHawk, they paid first downpayment and hopefully they will follow up with the full amount when top lease executed, but if they dont, no harm done, as we still…
Looks to me like the timeline was when the stock market tanked and Chesapeake was struggling to make it, to be honest, the land company and other contractors was probably having trouble getting paid. Not good luck, for the land owner, but no harm done, since you did not lose your mineral rights. I also was in the middle of a deal with PetroHawk, they paid first downpayment and hopefully they will follow up with the full amount when top lease executed, but if they dont, no harm done, as we still own the mineral rights.<br />
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Seems like someone should have been more honest and just said they had to back out because of the economic times.<br />
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Would not do business with CHK again.<br />
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LT here is the email for Geoffer…tag:gohaynesvilleshale.com,2009-03-02:2117179:Comment:4916162009-03-02T18:21:37.085ZMargaret Wrenhttps://gohaynesvilleshale.com/profile/MWren
here is the email for Geoffery Kallenberg who is doing the documentary on the Haynesville shale.<br />
g.kallenberg@gmail.com
here is the email for Geoffery Kallenberg who is doing the documentary on the Haynesville shale.<br />
g.kallenberg@gmail.com Oh Boy.........I am sorry to…tag:gohaynesvilleshale.com,2009-03-01:2117179:Comment:4896692009-03-01T20:14:14.239ZJack Blakehttps://gohaynesvilleshale.com/profile/JackBlake
Oh Boy.........I am sorry to hear these horror stories.<br />
I signed in about June 08 with Stacy Avant a Landman for JW Porter who was working for Chrsapeake.<br />
I did not get huge $. (got $4,000/acre). Stacey told me to shop it around if I wanted to.<br />
I talked to a Lawyer who told me he could get me the best deal. I tried to shop but did not know who to talk to and a HATE Lawyers and knew I did not trust them enough to get one involved for me.<br />
To make long story short I signed a 3 yr lease with…
Oh Boy.........I am sorry to hear these horror stories.<br />
I signed in about June 08 with Stacy Avant a Landman for JW Porter who was working for Chrsapeake.<br />
I did not get huge $. (got $4,000/acre). Stacey told me to shop it around if I wanted to.<br />
I talked to a Lawyer who told me he could get me the best deal. I tried to shop but did not know who to talk to and a HATE Lawyers and knew I did not trust them enough to get one involved for me.<br />
To make long story short I signed a 3 yr lease with Chesapeake a week later. I scratched out the 2 yr. option clause. (I did have a great addendum page)<br />
I got a bank draft the day I signed and had real cash money in the bank about a month later.<br />
It was after this that I found out about Go Haynesville Shale. I kept reading all these horror stories about landmen. Porter and CHK so on this site I expressed my concern that CHK could just throw out my addendum page like it never existed. Somerone on this site said to just call Porterr and ask for a fully executed copy of my lease. I took the advise and did that. The lady at Porter was friendly and had it to me within a couple days. Also my 1099 or whatever form it is they give you for taxes had the wrong SS # on it. I called them and within about 10 days had the corrected one.<br />
In short, I feel that JW Ported and CHK did not screw me and were great to work with. Yeah, I could have held out and maybe got $10.000.00 /acre like some neighbors( or I cound have got $125.00/acre like somr others or I could have been too greedy not sighed and been crying in my coffee like others are doing.<br />
Sorry so many got screweed trying to get the big bucks.<br />
Shell filed to make my section a production unit about 4 months ago. I hope they drill. Co's and people have to have…tag:gohaynesvilleshale.com,2009-03-01:2117179:Comment:4894792009-03-01T18:20:26.736ZFlorida Ginniehttps://gohaynesvilleshale.com/profile/FloridaGinnie
Co's and people have to have licenses to practice business business dealings with consumers. Find out who,where to report these illegal doings! FTC perhaps, aka Federal Trade Commissioner. Oh and do not forget the Shreveport Times and the local news station, they love true stories and will do the same to Chesapeake as they have indeed done to you! I believe it is called slander, deceit business practice etc. Clay Baskin is the human Resource director, by the way and he is a cheat and liar also…
Co's and people have to have licenses to practice business business dealings with consumers. Find out who,where to report these illegal doings! FTC perhaps, aka Federal Trade Commissioner. Oh and do not forget the Shreveport Times and the local news station, they love true stories and will do the same to Chesapeake as they have indeed done to you! I believe it is called slander, deceit business practice etc. Clay Baskin is the human Resource director, by the way and he is a cheat and liar also as the company to which he works for Chesapeake. They won't return my expenses Flights and meals when I came there to sign papers and they backed out. Charles, I know many others t…tag:gohaynesvilleshale.com,2009-02-28:2117179:Comment:4873862009-02-28T17:31:36.208ZHenryhttps://gohaynesvilleshale.com/profile/Henry48
Charles, I know many others that had a similar thing happen. Some have consulted with attorneys and have been told that they have a good case to recover the money owed to them. I'm not an attorney, so I cannot tell you if you have a good case or not. However, I'd suggest you consult an attorney.<br />
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And, while I'm here. Shame on you, Mr. McCotter for blaming J.W. Porter! Chesapeake hired Porter to conduct its leasing operations. Therefore, if Porter does something wrong, it is likely that it was…
Charles, I know many others that had a similar thing happen. Some have consulted with attorneys and have been told that they have a good case to recover the money owed to them. I'm not an attorney, so I cannot tell you if you have a good case or not. However, I'd suggest you consult an attorney.<br />
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And, while I'm here. Shame on you, Mr. McCotter for blaming J.W. Porter! Chesapeake hired Porter to conduct its leasing operations. Therefore, if Porter does something wrong, it is likely that it was done at the instruction of Chesapeake. And if Porter did this on their own, the responsibility is still on Chesapeake for making it right. This is worse than the old "dog ate my homework" excuse. Mr. McCotter should be ashamed of the cowardly excuse of pushing the blame onto J.W. Porter. Why won't he just admit that Chesapeake has skirted the law and conducted shady business practices? Seeing a story like this make…tag:gohaynesvilleshale.com,2009-02-28:2117179:Comment:4861812009-02-28T03:18:36.792ZSweet Teahttps://gohaynesvilleshale.com/profile/SweetTea
Seeing a story like this makes me wonder if it would help landowners to be armed with the type of<br />
info and research documents that the O&G people look for after the initial contact with a landowner. I've been told that confirming title and % of ownership is where the process can<br />
get very complicated. It looks like to me that if individual landowners already had this information<br />
handy, it might speed up the process. By either doing the research yourself, or hiring someone to do it for you,…
Seeing a story like this makes me wonder if it would help landowners to be armed with the type of<br />
info and research documents that the O&G people look for after the initial contact with a landowner. I've been told that confirming title and % of ownership is where the process can<br />
get very complicated. It looks like to me that if individual landowners already had this information<br />
handy, it might speed up the process. By either doing the research yourself, or hiring someone to do it for you, at least as a landowner, you'd know what you have .<br />
I'm sure the O&G company will still have do double check<br />
this information, but it might help save some time. Oh yeah....Foster Holley is w…tag:gohaynesvilleshale.com,2009-02-27:2117179:Comment:4828462009-02-27T04:56:54.439ZSLhttps://gohaynesvilleshale.com/profile/SL
Oh yeah....Foster Holley is who the lawyer said he was dealing with. But, of course, he would not call back either! And....we too have talked to many landmen with JW Porter, and they were great! So, all you landmen, this is nothing against you!
Oh yeah....Foster Holley is who the lawyer said he was dealing with. But, of course, he would not call back either! And....we too have talked to many landmen with JW Porter, and they were great! So, all you landmen, this is nothing against you! I am so glad you posted! I ha…tag:gohaynesvilleshale.com,2009-02-27:2117179:Comment:4828392009-02-27T04:54:02.579ZSLhttps://gohaynesvilleshale.com/profile/SL
I am so glad you posted! I have gone through the same experience. We had placed our land in a pool. There was a bid accepted and I had to return a letter of intent, which I did. I received the letter August 7 and returned it immediately. After a week, I began calling. The lawyer said JW Porter had bid on behalf of Chesapeake, and we should sign in the next couple of weeks. Weeks and weeks later, phone call and phone call later, I finally got the call to come sign my lease. My dad's lease was…
I am so glad you posted! I have gone through the same experience. We had placed our land in a pool. There was a bid accepted and I had to return a letter of intent, which I did. I received the letter August 7 and returned it immediately. After a week, I began calling. The lawyer said JW Porter had bid on behalf of Chesapeake, and we should sign in the next couple of weeks. Weeks and weeks later, phone call and phone call later, I finally got the call to come sign my lease. My dad's lease was not ready to be signed yet. Now, when we put our land in the pool, we were told when we signed we got a check, not a draft. By the way, I have well over 50 emails backing all this information up from the lawyer. So, in October, when I was finally called, I went to sign my lease. After signing, the lawyer sat and talked, then finally told me he would call when the check arrived! NOt what I was told in the beginning. He told me it would be there in about 10 days. By the way, I have several emails that said it was not a question of "if" we would sign a lease and get paid, but "when." Well, that lease was signe don Oct. 20, and about a week later they called wanting me to fill out a form for tax purposes, which I did as soon as I received the fax that day. It is now fixing to be March, I have not been paid, I have tried to call Whit, he will not talk to me, I tried to contact Chesapeake, of course I could not talk to anyone, and now, I think the lawyer is avoiding me! What is aggravating, we signed a letter of intent, my dad was actually approached after signing the letter of intent, but because of "values" we did not speak to anyone else once it was signed! Now, I have never been paid, but signed a lease, my dad's lease was never signed, and not one time has JW Porter returned a call or corresponded with us! The lawyer assured us we would get paid, but now they are saying it does not look good and JW Porter will not talk to him.<br />
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OK....I have voiced my anger! I appreciate you making the first post! I realize others feel the same as I do! I admire your commitment to y…tag:gohaynesvilleshale.com,2009-02-27:2117179:Comment:4827382009-02-27T04:09:43.186ZRussellhttps://gohaynesvilleshale.com/profile/Russell48
I admire your commitment to your family, its is a value that is not often found. The last time I checked they aren't making any more land. There is a finite amount of acerage in the play. Now you know how the game is played; play it with zeal! Take your time, do not feel rushed...do not be rushed. You have what they want!
I admire your commitment to your family, its is a value that is not often found. The last time I checked they aren't making any more land. There is a finite amount of acerage in the play. Now you know how the game is played; play it with zeal! Take your time, do not feel rushed...do not be rushed. You have what they want! Nice job. I'm going to link t…tag:gohaynesvilleshale.com,2009-02-26:2117179:Comment:4819902009-02-26T23:33:02.289ZTXsharonhttps://gohaynesvilleshale.com/profile/TXsharon
Nice job. I'm going to link to this post.
Nice job. I'm going to link to this post.