I picked interest on you after going through your short profile and demand it necessary to write you immediately. I have something very important to disclose to you concerning your surname that's to say your last name .since it's a public site.Could you please get back to me on:(firstname.lastname@example.org) for more details.
Just dropping by to say hello. Have one "shale" of a day. Also, there some new profile questions. Check those out by clicking HERE. We are also coming up on our 10,000th member. Be sure to celebrate with me. Click HERE for more about that.
Sorry I cannot yet be more specific per Stonewall lease. But, my source has not been wrong with his figures yet.
If I can, I will forward more info, however, I suspect it will hit the light of day soon.
I have the cell phone number and the name of the Watermark Rep. Greg was in the group and then opted out at the last minute. He doesnt know the Watermark Rep. because he has not ever met him or talked to him. I signed my lease and the Rep. was looking for other land owners in the area. If you would like the Name and Number just let me know.
I'm not sure of all the details but I believe it's a last call out for those in this Keithville neighborhood to sign with this neighborhood group. I'm sure they will be discussing the terms of the lease and collecting the $25 for lawyer fees.
I think you would be wise to join a larger group and increase your bargaining power. I definitely think taking less than $20,000 and 25% is selling yourself short. If you band together with a larger group AND the group sticks together you may be able to get more. I know people are settling for $12,000-$15,000 but I also know those groups that are cohesive, deal with multiple companies and wait patiently are now getting offers of $17,000 to $22,000 and up to 27%.
Gatorguy, we received $800/acre. We received 25% royalties. We asked about people outside of our neighborhood getting more and they had an answer for everything. We were told that "THEY" (which we took to mean anyone making offers) were just not offering anything over $800. They said most were not getting anymore than $500. But I did find they they gave atleast two others in my neighborhood $1500 an acre (one around the same day we signed). I know people in Desoto who received $7500/acre, but not sure from who. Also I know that people less than a mile down the street from me received (from Petrohawk) $10,500/acre. I have a friend in Timberline Subdivision that says they were offered $10,500/acre. The ones getting $10,500 all have lawyers representing them and are in a group of people. Knowing what I know now, I should have held out longer-we signed about three weeks ago and should have joined in with a group. Info about meetings really didn't start until it was too late for us. All we can hope for is royalties. Not sure what section your in but I hear their getting close to cutting off offers close to you.
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