Replies to This Discussion

Permalink Reply by Ms.Dragonslaya on December 9, 2008 at 6:06

THANKS,
DID YOU LIST THE O AND G you got offers from????

Permalink Reply by insomniacnla on September 17, 2008 at 10:54

Mark,

There is a group that I think is called "Lease Agreement Formats". I posted my Exhibit A there that Chesapeake agreed to. I think that there are still a couple of typos and another change or two but that is the gist of what my lease encompassed. You can see if Chesapeake will agree to those items for your group as well.

Is your group from K-Jon Acres?

Permalink Reply by keb on September 26, 2008 at 18:09

thanks for the info insomniachnla; but i was wonderiing, "what is your exhibit A?" we've contacted the people you gave me and still waiting to hear. Encana said, "not working in the area right now;will be leasing again in a month; took the info and said,"never know what will happen!"

Permalink Reply by keb on September 26, 2008 at 18:14

Mark, does your group only contain landowners from Grand Cane, or does it include people from Keatchie also? if so, contact info please.

Permalink Reply by Mlbjr on September 29, 2008 at 9:24

Obviously, leasing is still going on; I have 30 acres unleased and I am waiting for my rep to contact me about an offer. I like what you guys have already received . How do I get that kind of deal? By the way, where are you located?

Permalink Reply by Ms.Dragonslaya on December 9, 2008 at 6:04

Please tell who you signed your lease with. My family's undivided estate is with EXCO Production, formerly Winchester Production in De Soto, T24, R14N-13 W and SECTION 23, T14N-R14W

Permalink Reply by Paraclete on September 24, 2008 at 11:56

This is my first time to post. I have 30 acres in Desoto Parish T12 N - R 12 W area. Anyone have a general idea of the going rate for leases in that area.

Permalink Reply by Weto on September 28, 2008 at 11:14

we are in 12n r13w and we have an offer from Chesapeke for 18/acre

Permalink Reply by Randy Harris on September 28, 2008 at 11:44

Can you tell us how much?

Permalink Reply by Weto on September 29, 2008 at 16:35

18/acre 25% royalty

Permalink Reply by insomniacnla on September 28, 2008 at 6:31

keb,

The Exhibit A that I posted are changes to the o/g mineral lease. What I have posted are clauses that I included in my lease but leases can and probably should be tailor-made to fit a specific landowner's situation.

Permalink Reply by Hunter Hillbilly DS3 on October 12, 2008 at 14:50

22,500 per acre, 3 years, 25% royalty, no drill clause, no surface clause.
We signed the lease with Chesapeake through JW Porter on August 28th.
We kept the original lease and gave them a copy.
They promised we would get our cashiers check within 2 weeks.
Last week they gave us a bank cashiers check and we gave them the original signed lease.
It took 6 weeks to get a cashiers check from them. We were getting worried!
The lesson learned here is to get everything wrote in the lease, even when & how you are to be paid.

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