landowner

Consequences of being a Hold-Out Mineral Owner

I've recently done some research on the consequences of being a Hold-Out Mineral Owner and I came across this picture. I would say that it pretty accurately depicts the outcome. See below

 

Tags: Holdout, Minerals

Views: 154

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landownerPermalink Reply by B.H. on May 1, 2011 at 15:15

 

 That picture is crazy ,but I think very true,I know some people are that hard headed,you wakeup one morning and your on and island.


landownerPermalink Reply by SallyQ on May 2, 2011 at 3:14

Does anyone want to guess what the two banners say?

 

My guess;  Top banner: You'll have to drag me screaming and kicking out of here.

Bottom banner:  Go around to the back door.


Oil & Gas ProPermalink Reply by Skip Peel - Mineral Consultant on May 2, 2011 at 5:02

Driveway temporarily out of service.

 

Until further notice please use helipad.


Oil & Gas ProPermalink Reply by The_Baron on May 3, 2011 at 4:03

For Sale: Great View

 

In Case of Emergency, use escape slide


landownerPermalink Reply by Max on May 3, 2011 at 9:00

Free soup with egg rolls.

 

Free egg rolls with soup.  Cheapest prices in town.

Permalink Reply by BirdDawg, plain ole' idiot on May 3, 2011 at 15:27

Hey Max,

Are you a descendant of Jack Lewis?


landownerPermalink Reply by Max on May 4, 2011 at 4:36

BirdDawg,

 

No, but I knew him.  Mr. Jack was a good man and he could stretch a dime further than anyone I ever knew. 

 

When I was a kid, he hired several of us to hoe thistles out of his hay field.  He subsidised us by furnishing the hoe and cold water, but only the first hoe.  If you were careless and broke the hoe, you had to bring your own if you still wanted to hoe thistles.  The pay was good and only a few of us boys were able to complete the job. 

 

I though of Mr. Jack not long ago when my son was trying to revive a bad battery.  I told him it couldn't be done, the only person I knew that was able to get a battery to last 12 years was Mr. Lewis.  He had one in his school bus that lasted that long and he was upset when he had to replace it.


landownerPermalink Reply by PJ on May 3, 2011 at 13:31
So what about a half-handed offer and promises to send a paper with lease info. Then nuthin! Now the contact says, hope we don't have to meet with the Ark. commission...blah blah. No offer was ever sent. Can't be a hard head if "contact" is pressuring for reply... but no offer is made. I guess I am saying there are reasons the mineral/land owner may appear to be a hard-head holdout on their own island. What say ye on this one?

landownerPermalink Reply by B.H. on May 3, 2011 at 14:10
PI everyone`s deal is different. I just say`n I have known some people that have made the DEAL with O/G Co. so difficult the Co. walks away, the oil and gas business can change over night .One day things are good the next day they are pulling offers off table.

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