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Oil & Gas ProPermalink Reply by Two Dogs, Pirate on August 18, 2010 at 12:39

Jim you may want to post your question in the group "Unleased Mineral Owners", this same question has been hashed over thousands of times on here.

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Oil & Gas ProPermalink Reply by Two Dogs, Pirate on August 18, 2010 at 13:28

Some may disagree with me but I say it ain't worth your time and effort with only a one acre interest to go unleased. Kat Bloomfield has written a book on the subject here on GHS. There was a discussion that went on for months on GHS. Go back and read it but that may take you a couple of days and contributors have come and gone for certain reasons, some have chosen to erase all posts and leave, others have chosen to erase all posts and then come back under another moniker, then some have been kicked off many times and all their words erased, only to come back with a slight different voice but the same message. These gaps in the conversation may confuse some but you will need to read in between the lines.

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landownerPermalink Reply by jim rodgers on August 18, 2010 at 16:07

Thanks, I will do that.

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landownerPermalink Reply by jim rodgers on August 18, 2010 at 16:17

Thanks, I cannot find the group on this website. Please help.

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landownerPermalink Reply by jim rodgers on August 18, 2010 at 16:37

For the third time, thanks I cannot find the group. Hope this gets to you this time.

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Permalink Reply by jffree1 on August 18, 2010 at 17:25

UMO Basics:
http://www.gohaynesvilleshale.com/group/unleasedmineralinterests/fo...

Unleased Mineral Owners:
http://www.gohaynesvilleshale.com/group/unleasedmineralinterests

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landownerPermalink Reply by Henry on August 18, 2010 at 12:51

If you choose to lease.....All I'll say is that even for a 1 acre lot, get a good O&G lawyer to make sure you get a good lease. I haven't heard of one landowner who liked Chesapeake. You need to protect yourself. It's worth the few hundred dollars.

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landownerPermalink Reply by jim rodgers on August 18, 2010 at 16:13

Thanks, if their lessors do not like them, I can imagine how bad it will be to be a non-consent WI owner - although you would have a better legal position. I really thought they were a class act as an operator. I will look into this more.

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landownerPermalink Reply by robert minton on August 18, 2010 at 13:37

Be sure to state what State you are in. Going non-consent may very well mean that you will face "soft music and slow riding" before you see a dime!

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landownerPermalink Reply by jim rodgers on August 18, 2010 at 16:08

I am in Louisiana and there is no "non-consent penalty"

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Permalink Reply by BirdDawg, plain ole' idiot on August 18, 2010 at 16:28

Jim,
You may wanna check and see what CHK is paying for their (your) gas) before you go unleased..
Maybe you oughta go ahead and get your own vaseline (or KY if you prefer) before they charge you for it.

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landownerPermalink Reply by jim rodgers on August 18, 2010 at 16:42

Thanks, good suggestion.

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