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Permalink Reply by Horseman on August 26, 2008 at 17:34

Thanks snake,
The money seems to be heading up in webster parish. I have been following your post very closely. The offer I got was not that much per acre but they told me it would be a quick deal and at the time seemed like a good price. I think the offers will continue to rise and I am willing to hold out to see what happens. I applaud all your efforts for the good folks of webster parish.

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Permalink Reply by Bobi Carr ("parker") on August 26, 2008 at 21:51

Horseman,
If they try to hold you to an agreement that you made based on their misrepresntation, take a look at the suit filed by the Hendersons in Bossier Parish. They have filed a suit for recission of their lease based on the fact that misrepresentations were made as an inducement.
The middleman that you signed with cannot expect for you to stick to your end of the bargain when they are not sticking to their end of the bargain.
Good luck to you.

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Permalink Reply by Horseman on August 27, 2008 at 0:44

Thanks Parker,

I appreciate your information on this subject. Good luck to you also.

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Permalink Reply by insomniacnla on August 27, 2008 at 2:19

Horseman,

It would seem to me, BUT SPEAK TO AN ATTORNEY, that 105 days have gone by, the mineral search is complete and you still have not been paid even though you have been in contact several times with the landman.

You should see an attorney NOW. If you see the attorney quickly before the circumstances change, you may be able to file for a recision. The landman has taken advantage of you and should not be able to profit from it. It could be that he has already assigned the lease to another company so you should find an attorney that is experienced in these matters. Good luck in your efforts!

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Permalink Reply by Horseman on August 27, 2008 at 11:01

Thanks insomniacnla,
I will definately talk to an attorney to see what can be done.

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Permalink Reply by insomniacnla on August 27, 2008 at 11:04

Ryan Gatti is an attorney that could probably handle it.

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Permalink Reply by Familyguy on August 26, 2008 at 15:50

Gotcha ya covered......will update now. Chad

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Permalink Reply by Bobi Carr ("parker") on August 26, 2008 at 21:41

Thanks.

After I asked, it occurred to me that I could change.

Duh! Sometimes I am slow.

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Permalink Reply by UnderRadar on August 27, 2008 at 3:01

I would sure check to see if they have recorded the lease on the public record. Did you receive a draft at the time of signing?

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Permalink Reply by barneyfife on September 3, 2008 at 4:27

You haven't provided enough details to answer your question. We don't know what the terms. Was this someone who is shopping your lease to a company or companies or does he represent an oil and gas company? Did you receive any payment or partial payment? If this is an option, is it recorded? You need to spell out what the agreement called for to know if it has been breached. If you agreed to give him 6 months to find someone to lease your property, that would put you in a different position than someone who was given a draft that was never paid.

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Permalink Reply by P.G. on September 3, 2008 at 4:58

If the lease has been recorded but terms not honored by the lessee, ask them to record a release of the lease. If they won't cooperate, maybe you can file a mandamus suit to get the lease canceled.

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